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SPHR Sphere Medical

0.40
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sphere Medical LSE:SPHR London Ordinary Share GB00B551W951 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.40 0.35 0.45 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Sphere Medical Share Discussion Threads

Showing 2101 to 2124 of 2125 messages
Chat Pages: 85  84  83  82  81  80  79  78  77  76  75  74  Older
DateSubjectAuthorDiscuss
29/6/2023
16:19
I gather Sphere Medical have now been dissolved. I assume that confirms our shares are worthless? I know that has been the rational expectation, but hope springs eternal ...
gnnmartin
02/4/2020
12:15
CV19 I heard the cry for more gas testing machines , I couldn't help but think the timing of the current crisis, didn't fall in our favour , sad as it is , it does show all those patients In critical units would / might have been help to do quicker turn around on blood gas analysts
cellis94
26/1/2020
09:18
WG partners has been trying to raise £550m to buy out 20 stakes in W life sciences start ups.
Oxford Nanopore, Arix bioscience were mentioned but no Sphere. Cambridge based entrepreneur Andy Richards has been lined up to help. The exclusivity runs out end Feb but could be extended. WG is understood to value the companies at 55% of their peak worth. As Sphere went to the knackers yard in Dec I doubt were on the list as Sphere couldn't raise 2/- back then.

johnlewis79
26/11/2019
16:20
Recd bumph from the administrators today and as per.... the reccomendation is "dissolution" as no offers were forthcoming for the Groups patents or assets.
Admin charges at £501 per hour dwarfed cash balances
and main creditor SVB got stuck for £517,000 which will not be recoverable. Interestingly only Mahle a NED had any shares in SMH at time of admin....hmmm sure other Directors owned stock in SMH. The writing on the wall had been evident back in the 6p days and the delisting was a total waste of time and certainly not in our best interests, Woodfords for sure.

So ends another bright hope of the UKs tech sector that sank without trace. It won't be the last thats for sure.

johnlewis79
11/11/2019
10:45
I'm not 100% sure , but capital losses on shares can only be set against capital gains , it would be nice if it could be used as a allowance against income tax , I know Del would at least have a big grin on his face for once
cellis94
09/11/2019
07:36
Yes I meet up with rugs every few weeks for a few beers and a meal in Wimbledon. He's in good form. Do you know or does anyone else know whether my losses are tax deductible? Does going into administration qualify? Does cash in a private Co qualify? I dont have an accountant so any info would be appreciated.
johnlewis79
08/11/2019
14:28
Do you still keep in touch with Rugs , I enjoyed holding shares in Sphere I thought I/We were not only on to winner but something that could help save lives , sadly was all another dream that ended up s nightmare especially for yourself and Del , I hope you both have success and recover some readies
cellis94
07/11/2019
16:26
Cellis, i wont debate the whys and wherfores of palm just as i wont on the fossil crude question.
As far as I'm concerned money has no allegiance and if you disagree so be it. Palm gets a bad rap in the main blamed for many of the ills globally, rarely acknowledging the benefits of which there are a few.
Hope ur well. I heard the
administrators are trying to sell off equipment piece meal with zero interest in Proxima. No surprise there imo. I expect to be told that the administrators could not raise enough cash for a Sphere Medical wake.

johnlewis79
06/11/2019
17:13
Just Googled R.E.A. Holdings , Palm Oil , it's in everything the trouble is the rain Forest they burning is doing more damage to our green and pleasant lands , isn't "GREEN " , it's like most ecological problems it's not being tackled with the seriousness it , 2050 to get rid of pollution off the road , but until everyone's on board that's Worldwide it's too little too late
cellis94
06/11/2019
17:03
I must be black listed just tried r.e.a.holdings comes up saying no thread to R E A Holdings ,
cellis94
06/11/2019
07:05
Cellis under r.e.a.holdings
johnlewis79
05/11/2019
11:28
Popped into REA , didn't see any of your posts , what do they do !
cellis94
25/10/2019
09:54
Here we go again a nice little earner(£10,000) a day for managing what's left of the dross in WPCT, which will be run by city blue blood Schroeders who have almost no expierience of running small start ups many of whom are unquoted.
Who cares! They shudda liquidated WPCT a la the EI Fund and returned the few pence left to holders, ridding the mrkt of a damaged investment vehicle. Schroders bank on a name change and revamp to return them a 15% bonus of any value created above 77 nav. Good luck with that.

johnlewis79
15/10/2019
10:52
You could understand Woodfords idea in picking loads of small tech and medical companies for his WPCT , a couple of big winners and his £800m fund could rocket it was easy to see 5 or 6 companies being worth £2-300m and others in £50/60m valuations and a £1b valuations in one or 2 , well his picks were to say the least poor a scatter gun approach the trouble was he was facing the wrong way , I actually made money from the WPCT £90 wow , laughable but I guess lots of people would settle for that right now from their investment in PCT , hope you're holding up ok John, and Palace lift your spirits and Del great insight from yourself sadly it just didn't get the support from the NHS
cellis94
15/10/2019
08:52
We EI fund to be shut down and W booted out. A 3 month notice has been given and the winding up process will begin immediately. Investors won't see any money back till Jan 2020.
johnlewis79
03/10/2019
06:50
KPMG have sent me details of the administration process etc...A further update will be given by 19/11.
johnlewis79
01/10/2019
07:15
Woodford continues to hang around like a bad smell. The dreadful results from WPCT yesterday attest to that. Posting a £232m loss for H1, with a value of c.£400m just half the amount raised 4 years ago, W has come crashing down. To add to his woes
the trust ha also been ejected from the ftse 250.

The Trust now managed by Susan Searle needs to take urgent action and now to boot out Woodford, change the name for any association with him is toxic and highly damaging. His reputation is ruined and he should be barred forthwith from managing the public's money evermore. Investors cannot believe he is still in effect running things.
Finding a suitable replacement might be very difficult after Ws wrecking of the Fund stocks strewn on the floor awaiting fire sales.
This whole saga reflects badly on the City regulator, as if that was possible and HL Brokers who pumped the Funds to their clients. Even the BOE boss Carney said the funds were "built on a lie."
Yet here he is still coining money in at the rate of £100,000 a day in fees to customers stuck in his fund.
The man is a flake, a thief in the night whose machiavellian plans sunk Sphere, cratered the value of others and ceded control to US bank Northern Trust. He is attempting to extend the £111m loan he used to invest in dodgy stocks as he nears breaching borrowing terms of agreement at 20%. WPCT said any further falls would put it in breach and cause havoc as to its future.
Patience has run dry the cosy links of the board to W have been exposed because several held senior roles at companies W invested in, surely a red flag if ever I saw one. In a final slap in the face for thousands of investors he said "good progress" was being made.
Thanx for that Neil.

johnlewis79
30/9/2019
15:29
DD see:
https.//www.cambridgeindependent

johnlewis79
30/9/2019
12:05
johnlewis79 - I believe you, but how did you find out people were being made redundant? Obviously the public face of the co. is a black hole of information.
dusseldorf
30/9/2019
10:05
Quite a few of the 45ish staff have been made redundant DD. Just a few left to handle the post etc... W is a rogue of the highest order and should be investigated. Why did he engineer the de-listing? WTF has he been overseeing at Sphere these last 2 years? Where has the c.£4m gone since 1/1/2019? Regrettably no-one GAF about pis getting wiped out by Woodford. Newco will be funded for Sphere to cont as a going concern. Has the man no shame?....He should be barred from all forms of investment forthwith.
johnlewis79
29/9/2019
22:19
The whole debacle stinks really. Talk about cash burn, on 1st Jan 2019 the company had £1.8m, they raised an additional £2m in March and now £0. The accounts were signed off in Early April 2019 but withheld nearly 6 months until Thursday 26th Sept (see companies house).At no point has the company ever cut costs, reduced staff or mitigated in any way the horrendous cash burn to stave off execution. I guess in a way I'm a victim of Woodfords false halo. His continued participation on the whole gave me the confidence to invest in Sphere (assuming he'd bankroll to next stage) prior to delist though ultimately the decision was mine.In all likelihood (unless someone knows otherwise) no staff have been made redundant and someone will step in to fund the next round but the precursor to that is all existing holders and debt must be wiped out. Long live newco.Sphere will carry on, just not with us. All the best to anyone who tried and failed to make money here. My only advice is to never go AIM again, and most of all, get yourself some Bitcoin ETFs via Hargreaves (Out of Sweden) ISA and or SIPP - honestly. People like me have had enough of AIM businesses diluting and stealing our money through incompetence and for the next 30 years of my investment life my speculative money will go into cryptocurrency and associated enterprise. Good luck all.
dusseldorf
29/9/2019
13:42
I lost a lot in this one been a great week Thomas cook Sunday found out about this yesterday .
Can someone please explain,in hindsight were those who switched to the preference shares any better off.

ripley94
29/9/2019
12:01
I like to wish Del and John my best wishes for the future , their enthusiasm for Sphere and Proxima look well founded sadly events have left them with heavy loses , thanks Del for all the medical insight and I'm sure Proxime has a future in the US , what does amaze me is number of staff who have lost their jobs , what on earth have they been doing this last 2 years+ , well the answer not enough to turn it around , crazy ! Again good luck I hope Lady Luck will smile on you in whatever else you do
cellis94
28/9/2019
05:14
Appreciated Waterloo, at least Palace won't face relegation!!???
Incidentally WPCT announce H/Y results on Monday. I shall tune in on a purely voyeuristic basis!

johnlewis79
Chat Pages: 85  84  83  82  81  80  79  78  77  76  75  74  Older

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