The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I 've been burnt badly by this share although at least I got out when it was still 30p. For those of you with long memories have sympathy with Penstocks Mother in law who bought in at over 90p - assume he's still married.
They need to invent something to fix this leaky SP never mind waterleaks. Can't understand this continual drift downwards..
Another jam tomorrow RNS - why can’t he just post after the HwM has gone operational and working as intended. He did this a few months back related to another issue and it didn’t work out as intended. Result is loss of confidence.
Would you buy a used car from him?
They are out now on the Ondo website
https://wp-ondo-2021.s3.eu-west-2.amazonaws.com/media/2023/07/RNS-AGM-and-Annual-Accounts-31-March-2023-to-SB-v2.pdf
A determined seller this morning it seems..
Should have waited a week to RNS this and at least get a weeks mining out of it first as we'd have been none the wiser. Last thing anyone needs right now is another problem.
I was the 20p guy but in all honesty I assumed having gotten through October without any mass selling and with good news we'd be back up to 30p by now. Without positive financials I don't think it's going anywhere soon.
For info - I bought £15k worth this morning around 8-10am and they are showing as sells for whatever reason.
Ok someone tell me what I am missing - looks like we’ll be producing 3 times a much raw coal in q4 as what we’ll ship to integrity based in only 2 trains monthly - so inventory growing but no sales.
We were told integrity would take all they can - so why not more trains booked.
We already have stockpile of the q4 integrity volume (180k tons). Seems like we need more customers.
I was heavily invested and lost a lot in the SP fall - serves me right I know but nervous now to get back in.
They've not released any financials and are taking it to the wire to do so otherwise they will be suspended from AIM. So lack of confidence from investors is probably behind the SP being where it is.
Also RNS's are full of the words 'expected'/'in due course' /'targeting' etc - classic case of jam tomorrow (I've been there with EUA!).
Murky tie up with MBU Captial also not clear - potential further dump of shares potentially in October not helping.
I’m sure all this stuff related to permits, 2nd hwm etc is already baked into the current SP - bound to see a fall once it’s announced as has happened with prior RNS’s
They need to publish accounts and rns some actual numbers to get this moving again all assuming production is in line with plan.
Unfortunately these interviews usually result in an SP decline as the key questions are not asked so investors read between the lines. I’m a heavy investor in this share so hope I’m proved wrong this time.
Another roller coaster this morning - at my age I can do without this!
I think all the infighting on the other board doesn't help with confidence overall. Not sure Adam's tie up with the Sunday Roast guys is helping either as they are seen as a bit amateurish.
Dropping like a stone this morning - weird thing is I can't buy anything other than a small value. With the strong fundamentals it doesn't make sense - no doubt we'll see a further tank when the MM report is issued!
Totally agree - I've been holder since pre the last suspension and I've given the BOD the benefit of the doubt too many times over the last 2 years. The RNS read like they could be written by school kids and with no operational updates for goodness knows how long it's a disgrace.
Fortunately I sold most of my shares pre invasion and invested in BEN thanks to a tipoff from someone on here - a simple operation where you mine coal/wash it/get it in a truck or soon to be train and then sell it for a nice profit. Simple business which has a great future - So I've sold out for good on here and wish anyone still in all the best but my time has come!
Nothing de-ramping about it - it's a fact. I'm in for 1m plus shares so why would i de-ramp ?..
Well I've not made any money, just recovered the losses I've incurred since June when we were last at this price. Fingers x we don't see the drifting downwards of the share price again which has happened frequently over the last year.
Looks like the only way to make money on this share over the last few weeks is to buy Thursday PM and Sell Friday Pm... don't think I'll take the risk though and stick with this roller coaster!