The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Mistakes occur, corners are cut, accommodations and trade offs made, calculated risky plays don’t come off, strategic decisions may not always make sense in hindsight.
Without being a member of a Company's Board we cannot know the full detail, decisions can be taken out of context, but there are always two sides and the granular detail is key.
Some business decisions made shouldn’t be condoned, but then a certain large car company shouldn’t have adjusted their emission systems, even so they are still making a massive profit – would that many have really sold their shares out of moral outrage? The end doesn’t justify the means, but business reality is what it is.
Whilst it may feel good for some (even if not invested) to beat their chest and claim the moral high ground, assume positive LTH are delusional or naive to stlll have faith in AAOG, it achieves anything , its just them using whatever ammo is to hand - but David, please stop handing it out to them, they are the enemy.
Soon the production plan and PSA will complete, it will then be over to JB for the drilling programme and positive newsflow is to be expected.
If after sidetrack, 2000 bopd is booked from Djeno as expected, will many really care that much about the journey to that point? The mistakes made, false dawns and problems on the road?
He has options at 20p, a plan to deliver dividends, and has told investors he plans to buy shares once out of a closed period and the market will be notified. I believe him. (cue the sarcastic comments.)
He is thoroughly f5'ked off at the shorters decimating the SP. Yes some of his decisions have been mismanaged and jumped on, but the bigger picture here is about creating cashflow above and beyond the outgoings. It may look miles off right now but with what we are sitting on, can be fully achieved in 2020 while we go all to get production in the next few months.
Yes bad CEOs do invest in their own company. So do good CEOs. IMO there is no correlation between whether/ how much a CEO invests and the success of that company, merely a wish on your part to make It seem so.
“BASHERS NEVER Bash A BAD STOCK” ?
Seriously ?
You clearly must have been blinkered to the large number of bashers on the likes of Afren, Fly-be, Debenhams, Thomas Cook (currently), etc. , etc. , before their demise then.
Let’s keep the conspiracy theory to a minimum, what do you say.
If the cap fits "Lesson 1: Remember, BASHERS NEVER Bash A BAD STOCK. Check the boards for stocks with no potential. They never have any Bashers. Bashers only go after stocks that are moving up or have excellent potential to do so. Bashers work to bring the price down to either increase their position at the expense of others or help a Short make their bones. "
Had a nice email exchange with DS this morning , congratulated him on the funding he was less than complimentary about those responsible for the short attack driving the SP down but good to hear “and we can get on with the job in hand.”
Note our faithful naysayer band keep popping up , every hour, every day -same mantra please remember " bashers never spend time bashing a bad stock "
Mind you with threads disappearing & filters in use soon be talking to themselves !