The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Is that ball bag talking ****e again.theres always one .bore off
******
Lol .. as if by magic the " Stooge " arrives , quickly followed by a quick shake, that should collect a few shares before Trading Statement tomorrow ..
Think I'll hold on to mine thanks ..
TF doing his best to keep the price down by selling small amounts to ensure the price doesn't rise. 1 hour to load up.
Peeps loading up. Update tomorrow. Possible RTO??? DYOR GLA
Good refresher of current position there Younglad. I would wager (and hope for as a holder here) a pretty decent SP increase on confirmation of participation in the loan notes, as ESL will then have an 8% or 18% (I can't remember the interest rate on the notes) steady income stream, very attractive investment opp. Appreciate it will be diluted here (as we'll have to do a raise) but I'd participate in exchange for that level of return based on underlying business that's paying said interest performing pretty well per latest update. Could be an interesting month from this point onward!
I'm hoping we get some more details on Dbays next move going forward. We still don't know if they plan on an RTO with needing to raise £6m in cash or something else.
Maybe we get some clarification on this statement from 7th May:
"The Board is continuing to explore opportunities to raise additional funds to permit the Company to become an 'investing company' and remain quoted on AIM. The Board is exploring a range of alternative structures and investment strategies and is taking advice on the priorities of potential investors, and it is expected that, as indicated in the Circular, DBAY would act as the Company's investment manager following a successful fundraising.
DBAY has confirmed the extension of the Company's right, referred to in the Circular, to acquire up to 49 per cent of the outstanding Loan Notes (or an equivalent economic interest) to 9 September 2020. This will align the economic interests of DBAY and the Company's shareholders such that the Company and its shareholders can participate in the interest accruing on the Loan Notes.
The existing shareholders will be given the opportunity to vote on any conversion to an 'investing company' and participate in any fundraising."
We are only 1 month away from the Loan notes deadline (9th Sept) of the company's rights to acquire up to 49% of the outstanding loan notes. Are they planning on doing that? What kind of benefit will we see? Use it to help with an RTO?
595793 buy. Mms holding this back. Want the sellers to sell out and does not want this rise. After most buys small sells to keep this down. Possible RTO??
What are folks expecting from this supposed 'trading' update? Are people aware here that ESL doesn't trade at all, it has no revenues (that I'm aware of) and it's sole asset is 49% of the Eddie trading entity. A trading update for this entity was released last week (called associate company), can someone please enlighten me here?
More buys then sells. This is being held back. Trading update tomorrow. DYOR. GLA
Looking at the buys I'm guessing good news on the way ..