The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Thanks so much Monkeydluffy for your time and effort in trying to get things a bit clearer for me. 3p would be an amazing increase from today. Obviously nowhere near the 11p it was in 2017 but guess that was a different beast financially/share allocation wise then so not "like with like". Fingers crossed for us all going forward and lessen learned for me not to look at a companies share price history as it can sometimes be a complete irrelvance due to share allocation changes over time.
Thanks again.
maybe this true a issue is coming probably around the same time. I noticed vast did something similar still copper is rising and so long as this mine can produce then that is a good thing. i read they also have contracts to for fill orders at hedge rates which currently are below the market value but this is still going to be cash in the bank. if another cash razing is sort the terms will hopefully be more in rmm's faviour
Patrick: There is to be a consolidation but that isn't a dilution nor does it raise capital.
there was a mention about a possible consolidation . they also mentioned they had cash in the bank. I seem to remember something about 6th june?
I guess I go along with the consensus here - yesterday was a small knock back on a long road. The share price was getting ahead of itself over the last few weeks (just look at the euphoria there was on the board), and this has just set it back onto a flatter and more realistic (but still upwards) trajectory.
It also wouldn't surprise me if the market-makers were forward selling a 0.4p placing yesterday - I found the lack of share price movement (after the initial drop) suspicious.
I bought back in yesterday. I'll be adding over the next few weeks - but slowly and on opportunity.
Many thanks for that Monkeydluffy. With a lot of companies I'm invested in there will be figures where they say the share price has halved over the four years but has every chance of recovering to it's previous share price high so would double on that example. Are you saying with Rambler, there isn't a simple way to see how much the share price has fallen and , therefore, could rise as it's changed so much during that period? Maybe because I've often bought into large companies in the past I'm used to a clearer picture of how much it's dropped and, therefore, potentially how much it could gain all things being equal. From what you're saying, with Rambler this isn't the case and there's next to no way the share price could recover to it's highs of 11.40 pence as the shares in print now and then bear absolutely no relation to each other and , in that respect, it's a completely different company?
Out of interest, just your personal opinion, but where do you see the share price being in 3 years time if what you're reading (and maybe hoping for) comes to fruition?
I've just bought into Rambler and there's something I'm a bit unsure on. Forgive my ignorance with this; it's a learning experience !
I've bought in at 0.42pence per share. At March 2017 the Google graph is reading a share price of 11.40 pence. That's a massive decline from it's peak so I'm wondering if over time, share dillution means these two figures don't relate as comparible and, therefore, rather than a 96% decine that's reflected between those two prices, the picture is actually more complicated and, therefore, those figures are no where near accurate.
If they are inaccurate, can anyone clarify what the actual share price deline from the March 2017 peak is relative to the price today? Hope this makes sense .
Many thanks.