The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Everything seems to be just doing that and the sp will follow :)
https://mobile.twitter.com/PresidentPlc/status/1306923793269633030
It will come, just be patient. All PPC have to do is keep producing the goods and taking the money, everything else will fall into place!
The market will wake up when they realise that this is a profitable, well run company. At the moment they just see past performance as an indicator, who can blame them when the past looked so grim.
Just looked in now for end of day and it is a nonsense indeed ohmetoe..
As ever, seller(s) drip feeding ongoingly here.. but there needs to be more buying found here too though .... the lack of buying around this time is very disappointing to me !
Ps: I think Trafigura have a lot to answer for here so far - see my previous posts - and ask why they can't now buy even a half a million quids worth IN THE OPEN MARKET to bring their average further down and clear out the seller(s) too.. peanuts to them... and bring this s/p back to well over 2p in the process... clearly in their interest altogether, seemingly??
SP is a ridiculous level when I see some of the shower floating around on AIM
Still off loading reason 4 further drop
Appear b seller there that has been un loading stock over time into any rise
Agreed NicetoMichu. This is a decent start, will be nice once we've broken through 2p. The SP touched 2p (Ask side) when the 1st wells preliminary results were released on 3rd Sept. There's now been confirmation of these results, and more good news on other wells so would have thought the SP would be 2p+ by now.
But on the other hand so far it's just been Gas. Big increases will come when/if PPC can up it's Oil production. There's workovers and exploration wells to come. Fingers crossed that these can go extremely well....
Good to see Blue today & hopefully the SP can keep on going up....
breaking decently through 2p would be psychologically big here imho..
I think it should easily have done that recently already.. but soon to do that is fine too..
hopefully we'll also get a decent run of slow steady upticks in oil and gas prices - in parallel - from now too.. the opportunity of that in itself should see some more players come in to play in the sector.. and ppc with its current work programme is an exciting play around now.. and a few newbies might even grow into a small herd.. and that a bigger herd ...etc.. hopefully
buy low, sell high !
PL and team are doing exactly what they said they would do, and all going to plan. A successful drill should see a further increase in share price, long overdue IMHO. All these workovers and repairs should see a considerable increase in production, all good i think.