The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Trading123321, I think we will test 3.81p+ at somepoint this year or next. Surely this will gap up.
They have already said all they can about the project at this stage. Any further 'upbeat news' is not in their control and Ignacio will never hype it to the sky ever before it is confirmed. A few director buys is certainly in their control which I hope they've agree to plunge for (and I'm on their case).
This is what we need now imo, a few director buys and some upbeat news from the BOD about the project. This is something in their control imo so it really makes sense for them to take positive action and instil confidence back into OMI.
https://invst.ly/pmr4r 3.81+ covers the gap its been trying twice in novemeber and january to get past but met its resistance, seems to be bouncing off the lower range at about 2.74, gets to 3.50 and it starts raising an eyebrow
Agree, British Bulls service is for short term swing traders, but they don't need to know much in depth of what abc company is about however, they are aware of technical system and I believe they're also in tune with the MMs to feed each other and keep a few subscribers happy.
As regarding OMI, hopefully we may see some buying from our Directors and a step forward news before end of March to deliver the plan on track and announce good result by July to keep the shareholders and creditors happy.
British bulls have no real understanding of OMI, it is just another short term signal group. Two a penny. So while the sp is languishing at these lows for how ever long, like yourself Bhargav, it means i will try to top up as much as i can so when things do start to move whether this year or next, those holding will be rewarded big time imo
I'm for year 3-4, so holding the distance is very much part of my ever growing holdings up here. New anytime soon in unlikely imo, however, if it does I'm not going to complain :) British Bulls is back to 'sell'- stay in the cash' signal! But, happy MMs are holding 3p well. Hope to add a few again next week or so.
Here is my previous mail response from our Ceo on 16th-
Dear Bhargav,
Yes, I know it is frustrating.
In all your points, we are work in progress. Pushing hard to get some conclusions and report back to shareholders.
Q2 results is as much as we could say at this stage.
Kind regards
Ignacio
Does seem that way at present Bhargav....i will hold for the distance and will keep topping up when i can. News could come any time in reality and wrong foot many, no one really knows. With sentiment low the sp has been suffering for a long time. The BOD here have been useless in achieving shareholder value to be honest and the sp is still way below what Newmont paid. The results will be very good imo once drilling etc starts so really it is just a waiting game that is getting ever closer but at a very slow pace. When news does eventually come, the sp will move back up very quickly and in multiples imo.
It's unlikely to find some positive news here soon, but we may get some by July. And that too in hoping. Brave hearts can keep adding in the meantime.
I sold my GGP holding a long time ago at a big loss. With hindsight i would have done better just leaving my investment there...Really expected OMI to have done much better in comparison...Seems GGP doing well due to some positve drilling results. Just wish we could get some positive news here from Newmont...With such a good resource it really is just a matter of Newmont getting on with the job at hand to really get the sp to liven up.
I sold GGP a couple of weeks ago but I wish I kept my shares now! Ah well, lets hope it's OMI's turn next.
GGP is doing much better then here, something I didn't expect for this long at this place.
Agree bhargav, this seems to be holding ~3p. Hope this share really does come to life after a positive update!
Looks like we have scared the hell out of short term swing traders, having said that- 100k seller today could have profited a couple of hundred quids, not bad for a few days punt! Overall, MMs seems determined to hold 3p regime!
That's the problem on paper it sounds credible but in reality trying to buy and sell the ups and downs is very difficult....I have tried myself in the past and have lost out on most occasions...
Every time I try it I get shafted on the spread and end up losing shares but yeah money to be made and good money.