Synairgen Share Discussion Threads

[qs99] 14/10/2020 21:09

An interesting one as you say. The partnerships angle is an important one I've not seen mentioned above, but if you felt the finances of a company were not up to it, you would not partner with them, so bolstering the balance sheet, should, if these discussions are real, strengthen the hand of the company. Let's see.

[festario] 14/10/2020 20:51

I also wonder how much of this placing has been forward sold?Because maybe a lot of those undetermined, after hours trades are precisely that?If that's the case, then it's many millions of the placing shares already sold through, and profits taken.That could make the overhang clear more quickly.

[festario] 14/10/2020 20:49

I've taken ages to read the longest RNS I've ever seen.In essence, it's dilution of my shareholding and I always hate that. But, it's an entirely expected one.So, more fool me for not keeping funds aside to take advantage of it. I'm fully committed here and elsewhere.However, in the morning, the price WILL plummet, possibly in a flash, by the full 50p, down to 175pThat will prevent any current holders from selling, buying back, and pocketing the difference.It might only fall to 195p or so, and stabilise there.But... remember, there will be a huge churn of profit taking, on all these 175p shares, for probably months to come.Without any unexpected good news, the share price is effectively mired within a 25% level above 175p.I hope I'm wrong, but I've seen it way too many times.The only things that will significantly shift the share price higher, would be a partner announcement, EUA, or physical sight of orders.