Shield Therapeutics Share Discussion Threads

[tripletop1] 12/10/2023 09:40

back to a mcap of just above £40m

a penny for the thoughts of AOP

[bones698] 12/10/2023 09:39

Problem is the losses are still to high and even with a big increase in turnover to around 8m they will be some way away from break even for a couple of years if things progress well . They are pretty well funded but I can see more snags and risks coming in the near future . Cdo leaving under the circumstances will raise eye brows for sure .

[qipincha] 12/10/2023 09:39

I blame the BOD about the stupid timing! They should give the market more time to digest. As far as I can see, they have plenty time to do so. And leaking news also hammered the price.

But fundamentally, the product is not changed! And the product is good! This is what all about!

[the imperialist] 12/10/2023 09:33

Mop up the discounted shares while the likes of hamida buy bonds. lol

[little minx] 12/10/2023 09:33

I was in it ages ago and sold. Thought good time to buy back in all looking rosy until the raise! Then questions over profit etc. gut just said get out. Glad I did as it had fallen even further without any assistance from shorters.The markets as tough and the fund raise took so much off the share price

[tripletop1] 12/10/2023 09:32

looks like panic mode in full effect

as usual there'll be those that profit from this (other than the LTH's)

beggars belief

[hamidahamida] 12/10/2023 09:31

Only few months ago management told the market we have enough cash runway to last well into 2024 then surprise deeply discounted placing then CFO leaves Sit up and take notice!what's happening behind closed doorsStinks to high heaven

[qipincha] 12/10/2023 09:29

Market Overreacted to me
A couple of things I expect:

recent progress
Income from other countries

Although the growth in US is the focus, the potential is more than just US

[heatseek77] 12/10/2023 09:25

Minx you loved Stx a month ago what's really changed (apart from a small raise and CFO)

[hamidahamida] 12/10/2023 09:24

Only if you had your Bens creek hat on and questioned the sudden deeply discounted placing you wouldn't be deep under water Confirmation bias is the biggest enemy of an investor

[cyberbub] 12/10/2023 09:20

The chart obviously shows strong support at 6p. Literally anyone selling below 6p is selling at a loss.

[cyberbub] 12/10/2023 09:19

The MMs are still accepting fairly large sells at just below 6p. Probably they have some big limit buy orders at 6p?

[little minx] 12/10/2023 09:12

I sold my just after placing announcement at a loss. I don't think I will go near STX again.

[qipincha] 12/10/2023 09:12

Not sure what you guys taking about! Price drop already overdone!

[bones698] 12/10/2023 09:08

This now looks even kre risky . Are there skeletons in the closet still to come out m will they meet targets etc etc . I'd rather be out than in ATM . Expect this to fall lower as things come to light

[the imperialist] 12/10/2023 09:08

I deal with weekly charts, minor fluctuations don't have me reaching for the tissues like you small players.

[tripletop1] 12/10/2023 09:03

CFO's by nature tend to be risk averse, reasonably passive, cautious and conservative in their approach (in general).. GM has pushed for this final phase of aggressive growth which might have been at odds with what CFO advised/wanted, hence departure?!

all conjecture but doesn't change the picture so long as numbers keep going in the right direction and they make a decent appointment to see the company into cashflow BE

[dplewis1] 12/10/2023 08:56

The imperialist - is your chart still pointing to 18p on Ethernity? You seem to have gone a bit quiet on it..

[cyberbub] 12/10/2023 08:50

The RNS says he didn't have any concerns over the accounts. But he clearly had some concerns about the company's direction which conflicted with the CEO so he's left/was pushed. It's up to investors to either stick to their guns or follow him out. TBH I'm surprised we haven't dropped further (yet). Perhaps some of the plummet of the last week was (again) insider trading based on knowledge of the departure?

[purchaseatthetop] 12/10/2023 08:35

This has all the signs of the CFO doing something he shouldn’t. Nothing more than that. It happens.

[the imperialist] 12/10/2023 08:32

Apart from the commercial stage product with exponentially growing sales. I wouldn't expect a someone like you to understand this game Ammo. Stick to P&Ds you mug.