Lontoon sheriffin mietteitä:
"Hi Santhi . Yes I’m here ( just been on a 3 day walking holiday) . Plenty of time to chew things over in my mind , but to be honest with what we’ve been given , it’s hard to come to any firm conclusion .
Faron a have up until now been perfectly capable of raising small to medium amounts to get them to the next milestones .
Placings often over subscribed . Loyal shareholders , and they have been a shining example of how to conduct yourself . Multiple grants , and recently high profile tie up with LLS opening doors to the premier cancer treatment centres in the US .
The IPF relationship , although welcome at the time - has caused problems . The cash buffer requirement has been a constant factor in raising funds , and the previous re- negotiation , came after a period where the SP dipped into the 180’s - and IPF came out of that with a much better hand . I don’t think we have ever been given the full details of the IPF agreement - so we don’t know about any small print . But compared to say a normal loan - IPF seem to have a lock over Faron with some severe penalties , and some other share price related conditions .
So - how did we get here ?
The accounting error reason initially seemed the most obvious - but I just can’t see that as the case . Maybe it is and we are stuck in a pickle while Markku tries to get the company back on its feet ( a month to sort it won’t be a complete disaster - but it will be massive egg on face moment) but I really don’t see it . It’s like running out of petrol on the way to church on your wedding day . They can’t be that careless.
So that leaves us with IPF pulling some kind of stunt ( either alone or in step with someone else ) . For reasons to benefit either them ( some kind of extra cheap warrants/ options) that was in the contract ? Who knows . But also - surely it wouldn’t do their reputation much good if future partners with them see how they are prepared to wreck a company for their own gain .
So the third option is that a deal was being finalised - funding was expected - but for some reason didn’t arrive - and this situation occurred . IPF were handed this situation - and had full right to renegotiate their hand again - thank you very much . The SP tank will probably help them - so no rush in sorting it out while share not suspended .
Markku will not panic . There ‘WILL’ be options he can take . What they are doing now I suspect is working through waht will be best for the company ( and shareholders to a lower degree , and remember they are large holders themselves) in the longer term . They have by whatever reason - now got a chance to make themselves a bit less vulnerable .
So - for now - I am over the worrying stage . Out of our hands - all we can do is buy/sell /hold . I have read enough about the company to be confident in their abilities - and have belief in Bex .
I apologise if people have over invested here and are distraught - due to my ramping/ ultra positive nature .
As a side note - look at Avacta - massive potential . Last science day SP was at £1.50 ish . Yesterday 77p . Nothing has changed - they are still making progress -no financial issues - but they are under short attacks , and full on campaign to lower SP . They do have a very large number of PI holders , and for some reason there is the ability in the shady corners of the market to create these situations . But loyal holders will maybe try and trade a bit themselves , buy the dips and wait for the return to form , as they know the company will be worth at lot more than 77p . Likewise here . Good luck . We’ve had it easy compared to some shares . I wish them well . Poor old shareholders certainly getting a kicking all over the market at the moment ."
Vähän kuin appiukko osti uuden auton mutta ei uskaltanut kertoa siitä anopille 
. En halua todellakaan hiljentää ketään kirjoittajaa. Täällä on sijoittajia jotka haluavat tehdä tuottoa, meillä on yhteinen päämäärä. Kannattaa kunnioittaa asiallisia kanssakirjoittajia ja peilata omaa näkemystään myös kriittisiin näkemyksiin. Tiedän, vaikeata koska kognitiiviset vinoumat on sijoittajan pahimpia vihollisia.