The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Was not a total fan, but Boris did do some good during very difficult times, however being an out and out liar about partying while the vast majority of the country was observing lockdown, and lying about not knowing about MPs behaviour was inexcusable.
SV, I too expected much more from Boris, but the fact is that he's acted like a Clown turning Parliament into a circus and making the UK a laughing stock to the whole world. If you want to trust a compulsive liar feel free, but you are sadly in the minority.
Google doesn't necessarily give you the closing price, it gives you the price of the last reported trade. If it's a late reported trade, then it may have nothing to do whatsoever with the closing price.
The price of 1.50p is trade 308 executed at exactly 11:30am.
Google closing price at 1.50p
just another one to filter - is that name ironic 'balancedviewer' a bit like the paper named the or the name of party LIBERAL DEMOCRATS or the london centric labour party
More like do the doctors and nurses know you are out of the asylum?
What? Crying like a little baby?
Like I said : "Get back in your hole Mirasol were you belong" I wonder if your Mum & Dad know what you are doing in your bedroom
" We won’t call it the deal of the century, but it is an outstandingly good deal,"
well it bailed out the other guys pretty well didn't it?
"Get back in your hole Mirasol were you belong"
Thank you baits for your kind,considerate words. Conversation at Chateau Baits must pack in the philosophers
Indeed, and looks like they are giving it a good one at the moment.
beware of tree shakes , MM looking for these golden tickets
2p by close of business Friday anyone?
Wait until they start fracking for oil in the Weald, anusol’s eyes will literally pop out :)
Get back in your hole Mirasol were you belong
"MMs trying for stop losses before RNS release keep your eyes on the ball"
Oh dear the Infamous MM's are playing games because the SP isn't performing - how many time do we hear that old trope?
Just lashed another £500 in the pot via HL. Got 1.43p on the ask. Let's hope this goes as high as some of the consensus on here.
All the best
Sageman
I know we have many more shares in issue but the point stands. We could have a market capitalisation of £1 trillion but if it was arrived at via dilution and the price you can sell your shares for is the same or less than it was before you 'added significant value' then it's a mere paper exercise and in no way value accretive.
The only metric to accurately value whether something is value accretive or not is the financial position of the owner AFTER the deal has completed. We've basically built a double storey extension on the side of our house and the estate agent has now told us if we want to sell we can do so for a higher price, but when we clear our mortgage and account for the build cost we're left with less than we would've had we just sold the house before building the extension.
The value we 'may' see is in the fact more revenue will come our way in the future now that we own 100%. For now, your shares are worth the same (and now less if it's 1.35p on the bid) as they were before GL diluted us to get the other 49%.
If you had £1k in your account with 51% ownership you still have £1k with 100% ownership. As it stands, it's a paper exercise and not a value exercise. Anyway, the day is fast approaching where we will find out how 'lucky' GL really is.
I see an offer from an actual mid tier in his future, hopefully he takes it.
All the best
MMs trying for stop losses before RNS release keep your eyes on the ball
Tygra, I fully agree that we are in this position due to pure dumb luck with the gas prices. GL has been awful. The due dilligence on SFB was shocking. Fingers crossed.
First gas really is not the game-changer (it's not in doubt - though the timing of it is still not clear).
As is blindingly obvious, the volume of gas consistently produceable is the only thing that matters, one way or the other.
Tygra , that is because there are more shares and we remain blighted by lack of gas. We will all see whether this is additive when /if the gas flows , how much and when/if the side track happens. The gas price is also a major factor. There are circumstances where this would be very additive and very negative. I cross my fingers for high gas prices , excellent gas flow and a successful sidetrack. Each to their own .Good luck
DoneK
I agree in part with what you're posting mate and as it stands the valuation 'appears' to be very conservative. The problem we have is that GL holds the reins and he's partial to dilution and has a track record for over promising and under delivering (by a wide margin too).
We are incredibly lucky to be in the final furlong at a time when the price to purchase what we will soon be producing is at record highs. GL has benefitted from Napolean's preference to employing his Generals so as shareholders I would like to 'hope' we will be rewarded for this. We remain on AIM and have market makers who can do as they please so I'm not expecting our price to go anywhere near 10p per share but I reserve the right to cash in if it does because I'd be beyond delighted.
If a £20.00 note blows into my garden I'm picking it up and thanking the Gods of Fortune.
All the best mate, I hope you're closer to being correct than I am.
Tygra
absolutely no problem with your view,
the cpr was based on 65p/therm
if that is your long term price for gas then yes the 1.95p sp is bang on.
And just for another dose of reality. We owned 51% of SFB when our price on the bid was EXACTLY where it is now. ANGS now own 100% of the asset so we own twice as much of something yet we 'cannot' sell our shares for any higher than we could when we owned half of the same asset. That is literally the definition of value destructive NOT value accretive.
It matters not as we will know withing a week (possibly) what the market thinks of our value when the tap is turned on.