The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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It would be nice if they were negotiating on an acceptable price! We will see.
TXP seems interesting, they've done very well this year. That's usually the kind of thing that make me think I've missed the boat. I do remember looking at them in the past though and I think at that point I was worried about the low market cap = too much volatility.
Yes I would have expected announcement by now. Normally it would be pre prepared and ready to go.
I would expect the shares to be suspended temporarily if there is a problem
I wonder if some frantic discussions are happening as we speak?
All speculation we shall see soon enough.
As for txp things are moving well well and the gas price is moving up really well.
If we hit (when?) Gas at chinook I can see us moving over £1 in the blink of an eye.
I shall check out TXP and see how I feel. RRE have been my best investment and unfortunately there were a few serious duds, so I'm feeling a bit burned by the whole experience and a little too involved in energy. Although I do believe gas and oil, to a shorter term extent, have a strong future. It's one of those moments where investment goes away to soon because of the social context rather than the reality of societies needs.
Shouldn't we have seen some results by now?!
IamNotAnAnalist Thanks for your kind words, tomorrow will be interesting.
I have been fairly lucky this year in a difficult market, but have managed up 600% so far this year. If you are interested, click on my name and scroll down to my Weekend musings post on the 25th July. The thread is worth a read. Still lots of potential there and it's all about timing. If TXP hits gas at Chinook which spudded on Thursday there is room for a bit of growth, Shell drilled the same hole in 1959 and hit huge gas but nobody wanted it then, and the official chance of success is 50% and they are always ultra-conservative. DYOR as always. You may like to look at one or two of my other choices on various threads.
As for selling your remaining RRE shares, we get a few days to do this according to the timetable, but if there has to be an offer rather than a confirmation of the scheme, I wouldn't be in a rush to sell! Compare notes tomorrow.
Dana
I think there's a significant gap between delisting and actual payment to shareholders.
If it passes I'm hoping I can sell mine before delisting.
Assuming the vote goes through on Monday, what happens to the shares held by existing shareholders? Will they be automatically compensated on delisting or will we have to sell them before then?