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All time high broken and rising.
Waited 3 years for a movement like this. GLA
RNS incoming???????
Its certainly looking good Bazz another big volume day again for sure.
Also a huge chunky buy today £100,000 worth in one go.
Good luck to all holders here to :)
Still rising, looking good.
GLA
The fact that we are close to hitting 15p is fantastic - I dont think many would have predicted this a few weeks back. Maybe some 'after-timers'!
...follow the money 💰 it seems, are we about to seal a deal with Polb-001...?
@monimon
holding 330k with a sub 6p average monimon - and holding for gold. You are thinking of someone else.
Mx
Moniman,
"How's that Totally disaster"
Totally Plc (TLY) announced their fy TU this morning.
Trading improving, fy revenues £106m, EBITDA £2.3m, cash £2.3m
Current mcap only £11m
Following the update, shares currently up 19%.
Polb
Revenues NIL
Mcap £70m
...
Unless they do a deal before then
Pointless post, another one for the green bin!!! You'll be out by the end of today yet again!
Https://media.tenor.com/IWPpbkR85ygAAAAC/phoenix.gif
27p was my target when it was 8/9 - still a trebler - but now a multi bagger.
Year high broken. No limit to the rise now
All blue this morning after The Times reporting of the 5% stake, follow the money indeed.
Great article...just follow the money not the trolls....
Don't respond to the unspeakable ones new threads.
Placing by H1 2025, ie by end of June next year.
3 years ago they raised £25m
"Oversubscribed fundraise which resulted in an increased raise from £20m to £25m despite some investor scale back"
https://polaris.brighterir.com/public/poolbeg_pharma/news/rns/story/w95134r
Last week, they said they have £12.2m cash remaining, as of Dec 31st 2023. That balance figure is 4 months old.
" Cash balance of £12.2 million as at 31 December 2023"
https://polaris.brighterir.com/public/poolbeg_pharma/news/rns/story/w1kgoex
Their admin costs have been increasing and with the new recruits, I think admin costs are now likely to be around £4m pa.
Therefore, as of H1 end 2024, end of next month, I think they will have around £10m cash.
They have had NIL revenue over the past 3 years.
I, therefore, think they will need a placing by end of H1 next year.
Interesting Article in The Irish Times on Saturday:
https://www.irishtimes.com/business/markets/2024/05/04/glendores-michael-kelly-increases-his-stake-in-poolbeg-pharma/
Glandore managing director Michael Kelly has increased his stake in Cathal Friel’s Poolbeg Pharma to nearly 5 per cent, new stock exchange filings show. Mr Kelly now holds a 4.8 per cent stake in the company having bought up 5.8 million shares in mid-March, an acquisition which has just been disclosed to the markets.
The purchase of the shares would have cost him just under £600,000 (€699,000) at the company’s price at the time of around 10 pence. His total stake in Poolbeg is now worth around £2.8 million, as its shares have risen in price to closer to 12 pence per share. The recent acquisition has made him the second largest individual shareholder in Poolbeg, after its founder, Mr Friel.
Mr Kelly is the managing director of Glandore, a company that offers co-working hubs for tech companies in Dublin and Belfast. Its clients have included Facebook, Dropbox, Twitter, Yelp, Rapid7 and Bloomberg, according to Mr Kelly’s own LinkedIn page.
Glandore also owns Suesey Street restaurant and the No 25 private dining facility, both on Fitzwilliam Place in Dublin.
Poolbeg Pharma was founded as a spin-off from Mr Friel’s company Open Orphan, now called hVivo, and floated on the London stock exchange’s AIM market in 2021. It focuses on developing new drugs to combat infectious diseases.Mr Friel recently stepped down as chief executive to be replaced by Jeremy Skillington, and now serves as executive chairman.
The company also hired a number of executives from Amryt Pharma, another Friel-related company which was sold last year for nearly $1.5 billion. The hires included Laura Maher, David Allmond and John McEvoy, a move Mr Friel described as “getting the band back together”.
The company’s board of advisers also includes Luke O’Neill, professor of biochemistry in Trinity College’s school of biochemistry. In a recent interview with the Business Post, Mr Skillington said the company could reach a €1 billion valuation. Poolbeg has yet to generate any revenue, but had a cash balance of £14.1 million on June 30th last, down from £16.2 million at the end of 2022, it revealed in half-year results published in June.
Thanks @dustofnations, I did listen to that Friday night but didn't catch some of the bits referenced in the post.
@Bing007, I believe this is referring to the recent Investor Meet Company (IMC) conference which featured Jeremy, David , and Tim. You can find a full replay on YouTube: https://www.youtube.com/watch?v=U8CoXkLLWRw
Adzy,
"Stt anyone who has even a single brain cell can see (and verify for themselves)"
Is it not reasonable to highlight evidence that offers a different perspective to some of the other posts?
I say on here and other threads, readers should do check and verify everything posted by anonymous posters. It's your money.
The company newsflow and facts are in the public domain.
Contrary to Adzy's claim:
"There's not even been a first placing"
I proved, with a link to the company's rns, there was one 3 years ago.
They raised £25m 3 years ago in the first placing.
" Oversubscribed fundraise which resulted in an increased raise from £20m to £25m despite some investor scale back"
https://polaris.brighterir.com/public/poolbeg_pharma/news/rns/story/w95134r
Always best to check and verify info posted by anonymous posters.
Look at Byot, trmr, nano etc ... I posted company newsflow, facts and opinions based on those facts. Byot crashed 99.9% and was delisted last week, trmr crashed from 850p to 230p. Nano crashed 60%
https://www.lse.co.uk/profiles/stt1/?page=22
I recommend everyone block stt1. He shall remain a green box to me.
Sealion Singh is a poorly-educated liar, fraud, and loser who will go on parroting his lines despite having been thoroughly debunked on each and every occasion.
He's here to disrupt, annoy, and dissemble; he's not a good-faith actor. Such is the nature of the sealion https://en.wikipedia.org/wiki/Sealioning - engagement is his lifeblood.
Don't waste any of your weekend on him!
Assume that anything Singh says is a lie (misquotes; use of comments from other parties; outright fabrications; selective information).
Stt anyone who has even a single brain cell can see (and verify for themselves) that you have no idea what you're on about, everything you post is false and misleading and actually just outright lies, i wouldnt be surprised if you have some contact from the legal team from POLB and HVO soon, they're already well aware of your posts and who you actually are, so all I can say is good luck, keep trying to disrupt while the SP continues to go up and up and up, best get saving, you can just use some of your Totally profits to defend yourself in court.... oh wait Totally has been a dumpster fire and noones made money, oh well
Moniman,
"I don't need to justify my posts to you."
Oh dear. Is that the best you can do after I proved you were posting BS??
You can't face facts or opinions, can you?
Just like when I proved DustinNations comments on HVO wrong and was told that it was a throwaway comment!!!
Do you like to control the narrative so gullible readers only read what you want them to?