Member Info for WelshFalcon

Hold your horses.....

They had 3.11%.
If they didn't participate in the £80m offer, then with the dilution they will now drop below 3%.

There has been some talk of the additional paperwork involved with using a drug from a MAP. Nothing specific on what this entails, but it does imply that there is an exchange of information, so something goes on.

Yeah, whatever dude.

I think that's the whole point of a MAP. Remember it is a 'Managed' Access plan.

Not done for free, has to be a pay off.

Er.... @D20?

Mixed messaging from you, sir!
You promote a theory of market manipulation "The market is so artificially controlled that .....".
Then you tell us that you work in enforcement against this type of thing!

Change jobs, mate - you're in the wrong one.

Yeah, right.

I don't hold with all these conspiracy/manipulation theories. Too many of them to be credible.

Belief in this sort of stuff is what has got the US in a massive mess! QAnon - laughable!

I think it's the other way round. The day traders are looking for a retrace back to the open offer price of 175, so they're not playing until this happens.

There is buying pressure at 186, so this is where we have stabilised.

This may be the reality until the open offer is done and dusted.

What It tells me is that there is interest at 186, probably much higher once the drag of the open offer price has gone.

Sorry, folks. My numbers all wrong.

SNG is raising £7,000,000 from the open offer.
Assuming only 50% need to fund their purchase by selling, we need to find a total cash pot of £3,500,000.
This represents 1,881,720 shares sold at 186.

With the 2,411,000 buy today, it is likely that there will be no more sellers of this type tomorrow.

@tyla If that is the case we can do some numbers.

For me, I have holdings in my SIPP as well as my ISA. The ISA is full, so I'll need to sell some to buy the 175's. My SIPP is OK as I can free up cash to buy the new 175's. So, intuitively, only some will need to fund their purchase by sell some - let's say 50% (at a guess).

So we have a total of 7,000,000 shares at 175 giving a total pot of cash needed of £12,250,000.
Say 50% need funds by selling, i.e £6,125,000 of total cash needed.
Assuming we are able to sell at 186 (as has been all day today) we need to sell 3,293,010 shares in total.

Now the big buy today was 2,411,000 shares (ish), leaving a 'float' to sell of 882,010 left to sell.

If the same game gets played tomorrow, they may run out of sellers by lunchtime!

If that trade soaked up all today's sells, then you have to wonder if that is all or if the buyer will be after more tomorrow?

It could all happen again tomorrow - but the cat is out of the bag, methinks....

I'm perplexed. The same thing is going on at GGP!

A very odd day.

Hardly any movement on here, my other star AIM stock (SNG) is exactly the same. Has been trading within a .5p range all day.

Must be something in the water?

Jet, you fixed it!

Now, for your next trick............?

I guess that'll the 100% effective vaccine that works for all the viruses/conditions/illnesses that SNG works for. Oh, and it is the miracle version that also works for those people already infected....

Yeah right!

So the RNS states exactly what you are asking. You ask in such negative way with lots of extra question marks. Doesn't look or read as bullish to me.

Bless you.

The last thing you need is an exploded Shpunken. It's very painful.

I hear that there is promising now interferon based drug that can help prevent it.

Ezio - your (yes yours, not someone else's) investment strategy will depend on many factors.

age / risk appetite.
size of pot / ability to contribute monthly / yearly.
Aims - capital appreciation or income.
Wife/husband? family? house/mortgage?

Loads of things to consider and what you need out of it (and when).

Read the RNS, it says just that, tax.

Go scaremonger elsewhere.....

Makes sense, assuming she has capital gains tax etc to pay. The balance going into an ISA with all further gains protected from tax.

If she left the options until after the expected growth, her tax bill will be bigger.