Share
5,378 Posts.
lightbulb Created with Sketch. 316
clock Created with Sketch.
11/12/20
18:31
Share
Originally posted by Wilson4
↑
I disagree. It has nothing to do with appeasing day traders. Effectively communicating the potential is maximising shareholder value. His job. Delay of the covid sensor is almost certainly going to see further dilution given our cash situation. The higher the share price the better for holders at that time and a 20m USD MC is laughable given the scale of opportunity here. SE1 is also a target for a cheap TO because the market does not understand due to poor presentation and delivery of information. We are also in a weak position to negotiate with potential strategic partners. The best parts of the AGM were only due to questions and came right at the end. Had that information been upfront and on paper we would have a very different MC right now. Ralph failed yesterday unless the companies value has in fact decreased 20%. It should have increased given covid opportunity has already increased from a few mil to 10m USD and still very early days. He seems to think it is appropriate to fly under the radar and be a silent achiever at the head of a publicly listed company. It is not. He needs to maximise value for all holders. Not surprise the market with success after years of doubt. SE1 very undervalued IMO.
Expand
How do you know that there has been a delay in the COVID detection sensor?
The timeframe given in the quarterly was an expectation of FDA EUA submission and approval by the end of the year. No updated timeframe has been given, suggesting to me things are still on track for this to happen.