SAR Sareum Drug Discovery Co.

Minho, i feel the posts on trades is a wasted effort too, but to accuse Ackers of not letting on that a placing was on the cards is just not true. I sold out at 1.2p and ackers posts made sure i was happy to stay out too! For that alone i'm grateful to ackers and respect his efforts.


badday - 31 Oct'06 - 21:18 - 1482 of 1753 edit

Ackers, i guess some of the previous selling has been from those knowing they'd be picking up cheap stock in the placing. A tough one for SAR holders but now there's another 40m shares earning a decent profit for the seller at anything over a penny. Looks a long haul at the moment.

Hope you sold a few before the drop, as the AGM write-ups by yourself and NTV made clear a placing was in the offing.

I'll keep on my watchlist but can't see myself buying anytime soon.

Good luck.


badday - 22 Oct'06 - 13:24 - 1444 of 1481 edit

Ackers, good report. Two thing struck me. One, it is a good company, and its market cap is negligable but is still 18-24months away from profitabily and development of its own pipeline, Two, with that in mind the prospect of a fundraising is high. I'm happy to be watching from the sidelnes until we know at wat prce the fundraising will be.