The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Hmm. Doesn't this suggest that they are potentially in negotiations though? IMO it's all tied to the 2nd May auction date, clearly if they sell Bhukia to a 3rd party then any 'amicable' settlement is impossible.
Always remember that this process is being driven by Fasken's & LCM, LCM don't give a company $13.6m in funding and then let them interminably drag out the process.
Reading between the lines, a settlement prior to the auction date now looks possible.
If India have received strong interest in the pre auction process and are confident in a bid of >$1b then paying us a significant % of that would seem to make a lot of sense.
Either way, the end of the beginning is very close, imagine selling now and missing out a £1 share settlement agreement!
It’ll be too late to sell I imagine, probably open about 5p
Seems like they posted an old RNS. WTF is this?
Basically they haven’t had any response and still aren’t taking further action. I’m getting out.
So what's new?
Oops..a few after pub typos in last post!...
Hey, heres my take on Iamrich ..swung by , skimmed over rns info but his thoughts in ...and swung off. To be fair you have to do a fair bit if research on pat to understand the dynamics.
Out of interest. Did they go to arbitration? And did the price rise as they go through the court case.
I am interested in the stock reaction, not the final.result
Thanks rich
Can you share the names of the stocks so i can research them
@ iamrich maybe it will go all the way..but that's still not a given .
Last rns said something like if no significant communication from GoI in first qtr we will start BIT process.
Pat have plenty of other of irons in the fire. As a matter of interest what other shares are you referring to that folded ?
I have seen a couple of AIM stocks have the same issue with india in the past, India is corrupt to the core and they will not be going for a settlement this easy, This will drag on for years, Anyone think India will just roll over and pay us money is very naive indeed, follow the rns's does india look like they are playing ball or actually fking off PAT,
Come on guys stop this sillyness this aint going no where but the arbitration courts which will again take about a year to get to and then probably last 18 months and then hang on for about 12 months before decision is made, I have seen this with other shares here which folded at the end
Gallant
IF a raise is done, I reckon it will be announced when the share price has shot up to 50p!
I think the news might be next week.
GLA
Maybe Ed they are doing a deal on an early settlement...who knows!
I can't remember the last time we met two deadlines in a row, but management do deliver. Still one day left if they want to release on schedule. If not, won't be long regardless.
I just hope we aren't playing cat and mouse with the auction date intentionally.
Yes..to a point I think some might say they (PAT)are often a bit late.
Yup. Might be a rinse and repeat. Fair game.
How arw comms in general here do we normally miss deadlines
Last posted trade was probably from last placing..at 5p...they made 30% ..reckon they could have made more if they had waited abit longer..but 30% is not to be sniffed at I suppose.
I am ok with small placing but would like to know.about the update.
It would be annoying to do it before releasing the claim.size
Mine were the smaller. These look like larger trades, maybe placing coming.
Buying or selling?
Just me. Nothing special
Couple of decent ‘unknown’ trades this morn.
The price paid looks like buys rather than sells to me… still can’t break that 7p resistance though… any signs on the charts @geng? Or is it a case of waiting for the next update to kickstart a move?
The 245k trade made me check my holding, though, to make sure I hadn’t traded my similar amount by accident!
Pk
@pk would be nice to get a golden 🥚
Soon!
The more people that contact mb, the less time he’s got to focus his job. My pestering only has opportunity to delay and I’m happy with what I read in the RNS’s and am long on this, so no real urgency…
Glad you called, @gallmat, and posted positively about that. I’m happy to wait for the next RNS.
Some shift in sp upwards would be nice in the next few weeks, mind. Got a rental property purchase going through in may… a rise to 36p would pay for that! Not that I’d sell my stake here for that, I’d feel better about my choices!
All the best to all holders large and small…. Come on MB!
pk
We are number 6 on the riser list.