The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Absolutely - Harbour will be equally as strong
as AkerBP, & Lundin this is a gift at this price and institutional investment with be queueing up for it.
I think we will get strong rebound today and rest of the week but just my feeling
Just to see a touch of blue for a change on this share would be joyous beyond belief!
So currently the market is valuing the new combined company at £4.3b but the new company is comparable to Lundin and AkerBP in size, assets and production. Lundin Mcap is £6.72b
This is a no brainer buy for me
im sure i will get corrected if wrong but i dont see us dropping thru 22.8p/23p before the merger
https://www.google.co.uk/amp/s/amp.ft.com/content/f4e155b5-ac1a-43cb-921a-e4128917b491
Suez Canal blocked by huge container ship after it runs aground.
Should increase POO
UK seeks to drill more oil and gas from North Sea https://www.bbc.co.uk/news/science-environment-56503588
Falkland you still waiting for your £1 on rockhopper? Lol I’ve never known someone’s predictions be so off on everywhere you post
Also, I’d you hadn’t of noticed the obvious, the oil price has lost $10 in a week. Even if I was an MM I’m not exactly sure what that would change and how I would Cause such a sell off?
I wish I was a MM, I really do.
I just call these lockdowns and the lies for what they are,get called a conspiracy theory so think I must be wrong,and end up being proved right again and lose a packet.
Gosia, these lockdowns aren’t my ‘new normal’ as they keep drumming into you, and the uprising that is coming will put an end to it all aswell.
At this point if anyone is still beleiving anything the media come out with you need your head looking at.
Don't worry Outofideas. The covid and lockdown are already new normal - it's now only a matter of how to operate around it. Things are going to stabilise soon with seasonal lockdowns being a part of our lifes
And the prophet is born...
He would either have to sell / buy a pretty large amount of shares or be privy to the information we do not have or was simply lucky (not).
Or we have simply MM between us, which is a normal thing to have on such violent share
anyone noticed the second rookie sold his stake the price skyrocketed and the day he posted on the forum the price started going back , the second he bought back we dumped hard ?
hmmmm
If only we large network like WSB, we could take on the Hedge funds and stop their manipulation.
Anyone holding you're not alone, I didn’t sell at 32p and I most certainly am not selling at a lower SP. The Hedges funds know that this is last time they can encourage a panic sell as their tactics wonts work on a larger MCAP. They would need to buy 20x as much stock to have the same impact (to manipulate the market) and honestly I don’t see that happening.
GLA
I don’t believe any of the creditor shares are subject to lock in restrictions. 2.7% of share capital would be 500 million shares which would require an individual debtor to have held approximately $500m of debt.
I believe ARCM arethe largest individual debt holder with balance of a little over $300m.
Accordingly we can expect the 3billion+ of creditor shares to be sold before the other shareholder lock ins expire. Hopefully most will be sold of market.
Goodmann, that is exactly what is happening. Most accurate post I've seen.
POO is down due to extension of EU lockdown until mid-April. IMO POO will most likely go up in months ahead.
The POO doesn’t reflect the drastic fall in PMO & TWL stock price,
The SP of PMO and TLW are down thanks to Whitebox and Melqart selling of large number of stock since last week. By selling the stock over a number of days achieves two objectives. IMO
1- To take a profit without drop the SP too much.
2- Buy selling a large number of shares day by day it create panic and lack of confidence in the stock, the selling starts a domino effect, whilst they have taken then their profit other (like us) start to panic sell and as a result the stock is oversold and this is when the Hedge funds buy back in.
If only we could all just hold (easy to say but very difficult to do in reality - I know as I am holding on whilst the SP drops so much in such a short period of time. ) because I know the true value stock is a lot more then the current SP.
GLA LTH
wish it was tomorrow, it would shield us from the fallout of the oil price crash, seems like any negative news regarding vaccinations and covid infection rates gives them reason to crush the price beyond reason.
hefonthefjords - "... it seem as though the creditors' shares won't have a lock-in period? Is that right?"
Three months lock-up in respect of fifty per cent of their Creditor Shares and a further three month lock-up in
respect of their remaining Creditor Shares, provided that the Restructuring Plan Creditor (and any of their designated nominees), holds more than 2.7 per cent of the enlarged share capital of the Company.
What I still cannot understand despite the recent RNS's is: are the suspended on 29th or 26th March?
hefonthefjords, it is all explained in the prospectus. On page 53 is the timetable, and a few pages before that it explains how the creditors holdings will be exchanged into shares on the completion of the deal [i.e. by 1st April] which is why the shares get suspended whilst this is all going on behind the scenes. That does not mean others cannot still short the stock - they can, however, those other shorts will NOT be convertible into shares.
yes Emerald, that seems highly logical, how can oil be worth so much less in such a short period of time without any funny goings on? lets hope it all turns out alright for us sailing on the good ship PMO,atb.
LOL!