Sphere Medical Share Discussion Threads

[johnlewis79] 09/12/2018 15:13

I've lost all track of time is it 2019 for the cps?

[del44] 06/12/2018 15:57

Even with all the dilution...I have more then enough...:-)

[cellis94] 06/12/2018 08:32

There's got to be a good funding up take , Woodford owns a million per cent of the company and if he doesn't take it up it would fold .

[johnlewis79] 06/12/2018 06:05

Time you applied Del!!
Rocket up the "jaxi" time
methinks. Heh heh heh...

[del44] 05/12/2018 16:56

They must have got a good funding uptake...there are 3 vacancies at the company....

[johnlewis79] 02/12/2018 06:42

Thursday we get the result of acceptances re the 100p cps. Would think W had put feelers out to ensure a fully subscribed result.
However this being Sphere a poor turn out would not surprise me at all particularly from long standing pis.
Not that we matter in the slightest as Sphere if nothing else has always been successful in raising the cash despite Ws oft quoted " there is no appetite"in the credit mrkts.By the end of this and the next raise W will own 90% of Sphere with sales fast approaching 10
installations.

[johnlewis79] 24/11/2018 11:57

Agreed..dd always a big risk investing in med devices and I sure don't expect to come out anywhere near break even. Next hurdle the acceptance rate for the new cps which might indicate renewed faith in Sphere. Then onwards a toss of the coin.

[cc2014] 23/11/2018 08:55

The thing for Woodford is that apparently the NAV of WPCT is 103.7p against a float value of 100p. The market doesn't believe it though as the shares are trading at 86p and they think lots of the unquoted stuff is worth far less than he does.

For him, it's invest in 100 things, if 1 comes good and it's a 500 bagger the rest can go bust.

I cannot see how Sphere are going to make it big now. It's just taken too long and their patents will start to expire eventually.

Good luck guys. Presumably Woodford knows something you don't. I'm not convinced though.

[dusseldorf] 23/11/2018 08:43

johnlewis79 - I guess the value of ords is entirely dependent on a sale/float valuation that is a defined amount in excess of the valuation of PS. I believe the staff motivational ords are in the same boat (from what we tried to work out). Either way I'm not throwing more money at these guys, Woodford keeps rolling the dice and coming up short, each subsequent funding effectively wipes out any previous fundings chance of even break even return - I'd love to be a fund manager, where effectively you have a bottomless pit of funding to keep roling the dice until you get a six - "Look guys, I told you I'd get a six?!"

[johnlewis79] 23/11/2018 06:00

Jeez cellis your going through the wringer atm. Hope you fully recover. The thought of you having your leg reset without anasthesia nearly made me sick! Ouchh!!

[johnlewis79] 23/11/2018 05:56

Can't help you DD as I have added a further 1k in the cps. Be interesting to know if you get any takers. I wouldn't value the ords at 0.50 but heh wtf do I know. Good luck.

[dusseldorf] 22/11/2018 11:31

If anyone wants some ords, I have alot. I'd depart with a couple of chunks of min 500k at 0.5p/share at the moment (organised broker to broker)

[cellis94] 22/11/2018 10:27

The most painful, hospital experience was actual a ultrasound scan on my abdominal main artery, it was to detect any enlargement of the artery a precaution measure for research, this nurse was pressing the scanner so hard it was beep beep painful , she thought I was mardy , I've had plenty of my teeth filled with a needle and my leg reset without any gas , and the spinal tap was no worse than the needles they used back in the 50's

[del44] 21/11/2018 20:31

Hi cellis.....A spinal tap can be painful...hope it wasn't to uncomfortable for you...
We all live with hope weather we realize it or not...:-)

[del44] 20/11/2018 15:38

The thing is cellis....they are a head of everyone else...even if they are not selling anything....Says a lot really...:-)

[cellis94] 20/11/2018 14:59

There's no update on Sphere website, certainly keeping it close to their chest giving nothing away , they have the cheek to say , World Leader in blood gas analyst, it a pity they aren't selling any !

[johnlewis79] 20/11/2018 06:51

Fair comment Del I had no idea currencies were the bugbear. Might have saved you more risky money. I have taken the min amount at 100 in the hope i get out at a 50% loss as opposed to my current near 90%+ but with so many shares / warrants & classes outstanding it will take a miracle.No idea what price the bod ascribe to the ords but in my book c.1/4 p.

[del44] 19/11/2018 21:52

I have been wrong calling this every step of the way down...so I really don't think my gut feeling should say another word....If I was living in sterling land I probably would go for some of the offer shares...but I just don't have the impulse to go through the rig moroll of it to be honest....

[johnlewis79] 18/11/2018 07:31

Cheers Del..
What's your gut feeling a private sale or a return to the mrkts?

[del44] 17/11/2018 15:58

Our shares are in the SMHL company....that is unchanged and is quoted on the web site....so no that hasn't changed...

[johnlewis79] 17/11/2018 07:04

I'm going with no consolidation this would require pis being advised separately...no?

[johnlewis79] 17/11/2018 06:15

Are the 141.757.872 ord that we all bght originally still part of the share structure in SMHL? Have these been diluted? What are the 2.159.485 ords in SML?
I take it the 8.000.000m in SML are 4m for W and 4m offer to holders? With 713.934 A shares owned by staff.

[johnlewis79] 16/11/2018 17:41

We have CE marks cellis..methinks your behind the times.

[cellis94] 16/11/2018 16:11

Just received a update via ADVFN about Sphere getting CE marks and ready for sales lift off !