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.
.36 Ask sounds about right, a 10m and a 3m just popped up on the chart for the last 5 mins.
I'm sure the sp will correct in a minute or two!
I would say the real spread is 35-355-36
I was the 250,000 trade at .0036 last trade yday. Topped up after seeing the blocks go through.
Well, if you have a quick scan of FCRM's RNS's you will get an idea of how much and how often they have been buying there.
Maybe they saw a better return, short time period... don't know, TBH, it was just an idea.
They were the smallest of the ii's from the placing with C. £350k initialy.
The way the spread is, you can't really say for sure any of the trades this morning are sells??
Since 19th May, numerous blocks between 1-5m have gone through. The blocks of last 2 days would added to that recent flow would make me think they could have sold their entire holding. On one hand that is positive re supply and demand, on the other, a concern that an institution supposedly knowledgeable about the industry chooses to bail pre an imminent, potentially game changing, announcement.
I can't see Harwood selling all of their holding, I doubt they are that silly, they most probably will reduce significantly. so if it was them selling, they may well be over- but we may never know.
Only if you raise your pinkie finger when drinking tea :)
I don't lick the gravy off the plate. In public, that is. :)
Does that make me sphisticated?
Jabido, call yourself a sophisticated investor, I’ll vouch for you?
Thanks for the precis, Spud and Mrozzy.
IMO, the seller is definitley Harwood.
They have been buying big into a company called Fulcrum of late. FCRM
Oddly enough a utility infrastructure and services company. I noticed the link between the two back in April when Fulcrum were selling off some domestic gas assets. Hmm, I thought. Gas infrastructure, Harwood, Infa... anything to see there.
Noticed their RNS today and it reminded me. Hardwood now have a NED on their board.
Anyhoo, I think they have continued to sell out after they went under the 3% a few weeks back.
Last we knew they had 112m left as of the 19th of May.
IMO, DYOR... yada yada. :)
Reading the broker note has confirmed my thoughts that H&W is the medium term value driver!
They just need to get through the next few months until break even. Potential EBITA is enough to get an experienced CFO of a global company excited ! That's very reassuring to me.
The seller will subdue the sp for a while yet imo
Ban were u able to access by saying you were an ii or professional? Like si, when I got to the bit of are professional or loaded I stopped pressing. Seems like a really useful document but I bottled lying to a computer lol
Sorry about the formatting.
It didn't look like that when I typed it.
Re; warrants, Dawski. From what I could see from my notes there are not many left, for this year.
Though I believe there may be some options to be used by the 15th of this month
Warrants as per final results
Expired Number of warrants Strike Price £ per share Value £
10/04/2020 92,113,427 0.0048 442,144.45
30/04/2020 43,796,148 0.0048 210,221.51
Remaining for this year
20/07/2020 4,817,708 0.0048 23,125.00
Next year
18/01/2021 5,000,000 0.0048 24,000.00
22/02/2021 155,555,555 0.01 1,555,555.55
04/12/2021 45,652,174 0.0069 315,000.00
04/12/2021 52,083,334 0.0048 250,000.00
I better re-mortgage the house !
Tango .. always remember your humourous comments here .. and we still need them and also for some other Short Termers to jump . Am not aware now of the position with the Warrant Holders but they always struck me as an entanglement on the rudder !! But Barrow is a beauty as is the town ... well at least in the Summer !!
Si, you're too honest.....
Over the medium to long term, these facilities could support a c£400m revenue business. With the company trading at a c30% discount to its H1/20A book value and c65% to its Adj NAV, we initiate with a Buy recommendation.
Doh! Got, "No Access - This Portal is for Institutional, High Net Worth and Sophisticated Investors."
Well, they got that right, lol.
Best get back downstairs afor duh master finds me on 'is pooter thingy.
Si. (leaves the BB backwards whilst stooped over and doffing his cap profusely) ;)
dawski- you are the original "salty sea dog" LOL- Happier times ahead guys!
I’ve been able to access, but can’t share I’m afraid.
Ban, can anyone acces the report?
All this "Eligibility Criteria" stuff, kinda puts me off.
I would recommend people read the Cenkos research note. Hopefully the large contract recently negotiated is revived at the start of 2021.