The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Yes definitely I mean we are the largest shareholder and we have Mr Potter on board; as MTR are putting into this raise with our money, surely we must assume that our BOD is applying some pressure into getting some results; I’m not a direct investor in THR but reading their posts it seems many are extremely unhappy with the Topman who it appears is jetting around the world on £150,000 per annum and yet the company appears on its backside with no dough hence another fundraiser; we can again only assume THR must have something significant or else we wouldn’t be putting in again or it seems allowing the Topman to remain as so !!
MTR says of THR...
'We also believe that management needs to actively start considering new strategic assets to help drive shareholder value and improve market sentiment.'
What's the point of letting the failed management at THR continue pursuing new assets when they can't deliver on the existing ones, more time and money required too.
Thanks ,I didn't see that bit.
"The Company's largest shareholder, Metal Tiger plc, is to participate in the Placing and Subscription"
Hopefully we will be hearing by how much we took part,I recall a MTR investment policy of no more than 10% but recently and correctly we have taken a 20% stake in Cobre plus 0.2p is a lot less then our previous 3p entry price .I also recall MTR requesting an opportunity to JV with THR should an alternative partner not be sourced.
A significant increase in position in that direction could indicate a MTR JV development a round the corner?
Lol yes I was wondering the same thing; interesting that “MTR will be participating in the event”..
I wonder whether RGM took part in the THR placing ?