The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
It would be great if there was some deal going on that explained the sudden jump over the last 7 days.
Experience has taught me though to be very very cautious about making such assumptions with this share.
I sincerely hope I'm wrong but I wouldn't be at all surprised if the SP ended the week below £1.50.
YorkshireBlues.
Very good news. An 'official' from Iran has said they have no plans to retaliate. Iran has a significant presence in Yemen, backing the Houthi's and Syria.
More moderate Arab States like Egypt Jordan Saudi UAE & Kuwait will be urging caution to Iran. A State they secretly detest.
I think IAG will pick up during the day as more 'good news' filters through.
The Israeli air strikes in Isfahan sent a message to Iran. Deliberately so. We know where your nuclear sites are & we can hit them. Nothing you can do. We have the iron dome. Could have been far far worse. A measured response. Iran will make a lot of noise but I expect very little action. Could be wrong of course. Hopefully this situation will start to calm over the next few weeks & we get back to £1.80 plus. GLAH
Iran are doing everything they can to provoke the Israeli's to stop them cosying up to Egypt Jordan & most importantly, Saudi Arabia. The Israeli's under Natanyahoo (sic) are behaving like Pavlovian Dogs
The victims as usual are mainly innocent civilians. There is no military solition to the Middle East only a political one. The USA now needs to stop Israel escalating things further by blocking aid to them.
Correct Alan. The market reaction speaks for itself. Those who ignore it do at their peril. CWR has steadily declined for three years. Nothing new at all in these results. 'Good news just around the corner' etc etc etc
Markincus.
Unfortunately I think you are right. Markets will be affected by this until some kind of truce between Israel & Iran is reached. Can we see that happening? There is no military solution to the Middle East only a political one. A lesson we learned in Northern Ireland.
Iran is making a big mistake if it escalates this conflict further because Israel has an ace up it's sleeve. Three hundred nuclear warheads all being manoeuvred right now focussing on Tehran. Over to you President Bidon.