The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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I don’t understand this recall of irrelevant information. Think it’s a case of no news may as well repeat what everyone knows.
The price is more or less the same as it was a month ago. It did ‘spike’ lol to 17
Are people not selling up......??
Is the sale going ahead and when.
I have read if the sale goes ahead we are left with nothing except the name ?
If my above point is correct , why is there not more people selling up. Surely the name has limited value.
Think you’re forgetting that element of expansion is to be sold off to the majority shareholder that includes the growth element.
From the RNS dated 27-Nov-19
“The Board expects further funding will be required by the end of February 2020 to enable the Group to continue operating in its current form”.
From the RNS dated 27-Jan-20
“The Directors believe, based on current financial projections and funds available and expected to be made available, that the Group will have sufficient resources to meet its operational needs until the end of March subject to forecast revenues not being impacted by any unforeseen circumstances.”
Now given that since this last announcement FJET have instigated x2 new routes and are currently taking bookings on those routes, then this additional revenue should hopefully see them past end of March and well into summer, all in my hopeful opinion of course!
Read back. As I said the company keep saying they have limited trading funds. The last was not the end of February but March.
I haven't seen any new information. We will have to wait and see.
I had read the RNS.
My question was relating to further updates or rumours regarding the restructuring. Likewise with cash running out end Feb which Is rapidly approaching. What’s going to happen. Will we have cash to carrying on operating?
You should read the RNS dated 27th January.
Is there any more news on the restructuring s as nd the new routes?
If memory serves right I thought we were running out of cash by the end of Feb which I’d 12 days away. What’s going to happen next ?