The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Your in a far better position than a lot of others including myself currently at an average of 9p with 800k. I’m here for the long haul
Kevin - II am pretty confident that you will see your break-even point in the relatively near future (next quarter or so). This is because Forum's buy-in price was 0.5p and they (and more importantly their investors) are going to want to make money on this.
Going up three times from here once they vend their new project in is not an unreasonable expectation and that would see you in a small amount of profit.
Just remember that this is a completely different company to the AAOG that you originally invested in.
Haha Kevin, i know the feeling! Never seen any of my shares show 50%+ negative... when seeing 98% in red - get the AED out!! lol
I pray this goes back up my break even is 1.37p now i invested in this last may at around 9p and kept buying more on the drops, felt like was going to have a heart attack when it drop to under a 1p saying down 98%
Good point by livinhope.. i guess time will tell with the new model and todays rise is potentially a positive outlook for the future of this share IMO
Thanks Phoebus.. will this go over 1p in near future?? My break even is 1.09p :( invested last year when it was at 7p and then had risen to 10-11p.. then crash!! Topped up recently to bring my cost down to 1.09p..
Phoebus, I don't really think you can apply a chart to this as it is a completely new business model....you can't apply old sp movements to this now.
Strange trades today, perhaps Monday RNS news has sprung a leek.
Sector doing very well indeed and chart looks perfect for a move to 0.9p PDQ. Tiny market cap will certainly help.
43% rise today.. something brewing? Anyone have any info?
A bit of positive activity here today