The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
AA is real investor. Neil, me and you play with monopoly money, please do not criticise. News may, might possibly, could maybe imminent, that's all I'm saying.
"What difference does it make if the deal has fallen through, we have the capability of making other deals."
I simply cannot believe the above comment! TIME that is one difference! All the costs do not stop because trading is suspended. Are you ready to have another dilution of your shares to keep these people living in the way they have become accustomed to? I have been saying this for about three years! That is a long time and a lot of salaries (old bod AND new) and an awful lot of other costs. If you are happy with having your cash both tied up and worth less and less then you are in the wrong game trrime. I know things take time but that same excuse has been rolling along in different guises for YEARS! Also as ArielArrow points out the October interviews would look pointless - I would say they would look excruciatingly embarrassing!
Getting to the point where a bad deal is better than no deal?! Both parties want a deal, but suspect we want a lower price due to lower revenue.
Also it wouldn't be good for there credibility, the whole Scirocco venture including the interviews in October would look pointless, they wouldn't want that.
If the deal has fallen through there are fees salaries and other costs involved.
We would actually be financially worse offf than when nr was in charge.
The guessing game is frustrating there could be numerous reasons why we are still suspended,
1. The board are still under negotiations as they say,
2. The deal has fallen through and they are working on another deal ( so they don't come back to the market empty handed?
3. Maybe they have some hope of licence or H one dropping before suspension ends.
4. Or worst case scenario deal has fallen through and they are praying for a miracle?
In any event they would be aware of the consequences to return to the market without something to show for the past several months,
I honestly thought we would have heard one way or the other by now.
I don’t want to be pessimistic but doesn’t bode well imo.
As I said before I’m sure the board are all working hard to deliver shareholder value.
I think they are holding out as long as they can maybe to deliver the bad new but hoping the Licence or something happens over the other-side before getting this news out, I do hope I`m wrong of course and they are well aware bad new is going to slam the SP esp with no H1/CH1 Drill/Licence or anything, if this is the case it smart move but of course we only have just over a month before we hit with it, of course it could all come into place by then who know really :o)
the clock is ticking cut off date for transaction is 8-9 april !!!!