The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Agree, moving in the right direction, was hoping for some small movement today.
This is under the radar at the moment, I do think it will suddenly have a large jump once we get more updates on the treatment trials. Could then be bought out by a large company for millions
Annnnd no comments? Wakey, wakey folks.
Good news imo but welcome your comments.
This will soon lift off very soon and catch people out, under the radar currently.
There are plenty of large buys
It would make a nice change for the company to provide more detail on Grass MATA MPL . In the Half year trading update is states that
The first scientific advisory meeting with regulators is anticipated to occur in late Q1 2024, where discussions will confirm the pathway forward for potential progression to the marketing authorisation application process.
The 20% drop in share price today tells you all you need to know regarding the RNS today.
Not sure what to think, just had a look at them, seem to be lots of bla bla bla, fluffy stuff . Would have liked a straightforward determination to generate improved revenues this year
Coming soon....the audited accounts!
RNS from 15 December 2023: "Allergy Therapeutics plc (AIM: AGY), the fully integrated commercial biotechnology company specialising in allergy vaccines, announces that its auditor, BDO LLP ("BDO"), has informed the Company that it requires additional time to complete its audit for the year ended 30 June 2023, due to resource availability within the audit engagement team." - It's the auditor BDO who is the reason for the delay, not Allergy Therapeutics.
Shares suspended pending publication of accounts....
Good science but crooked/incompetent managers?
What will the accounts reveal?
I disagree, the CEO is in charge of the day-to-day management of the Company in accordance with the instructions and orders given by the Board. The CEO sets the ground of the internal control environment by providing leadership and direction to senior managers and reviewing the way they are controlling the business including ensuring audits are completed within the set timeframes
I don't see how BDO's inability to complete audits on time for so many of their clients is the fault of the CEO of said clients.
I agree Manuel Llobet should go. It is extremely disappointing that this suspension had happened. Especially the recent good news regarding the successful grass trial. This was the first indication that AGY is heading in the right direction. If I was a major shareholder, he would be dismissed with immediate effect.
The blame lies with Manuel Llobet, Chief Executive Officer of the Company, once is forgiven, twice is incompetent. He needs to be dismissed and let go with minimum share options as he has failed miserably over the past 2 years
Here we go again, another share suspension until next year. Was about to increase my positon but have to wait to see what happens. Any idea anyone?
Finally some good news for share holders. Now just hope the peanut vaccine goes the same way.
I can see the share price from here to climb. Being watching this company for over two years and just starting buying in last month.
Pass ref working cash but not an issue imo, a P3 suce$$ for an effective drug to fight grass pollen allergies an easy winner. While not life threatening the market is a large one so a Big Pharma Company will buy AGY for chump change in 2024 imo.
Correct me if im wrong willy agy need more cash in jan 2024
Success! It worked as hoped.
3 very large buys late this afternoon, things are on the up. patience is key.
Who knows, plenty of buys recently, something must be happening that will catch many out with a sudden share price increase, that usually happens
Wow just gone up over 60% since November.
Anyone know why?
Good for you! I also took a risk and bought some more when they started trading again in in June and also took part in the capital raise. Not back in profit but nice to recover some losses.... Anyway, I think this news will now resolve the required remaining immediate funding as I am sure this is what was being hinted at in recent RNS's regarding major shareholders. I suspect they were waiting for this to commit to any more funding. Hopefully, this is the start of some good news for the company.
With the stock I bought in the rights issue and subsequent rise in SP I have recovered all my losses on original holding and moved into profit. Rights at 1p and SP now 1.775p to sell moved me into profit. Where we go from here is unknown but today's news on the trial suggests there might be more positive news to come. Not without risk but in a better position than the gloom in June.
Bought in this morning at 1.88p after reading the RNS.