The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
It's a reference to the fact that we are obliged to pay our money tomorrow, but speculation has been that we will be unable to pay due the the sanctions and as a result we will be in default and be declared faulting on our debt and therefore the company will be siezed and sold off cheaply. This was the last trading day before the debt falls due so by tomorrow morning we will know who was right, the rampers or the derampers, don't think there will be any in-between. Obviously, everyone still here believes we will be OK and prosper.
2.1p close up 0.1p
Well just 5mins to make your decisions, are you all in it to win it or are you running for the hills, time to decide.
Lawrence, if you have your 1.7m shares and you have them in an Isa I assume you purchased the majority either when they were 5p before the rise to 40p or you recently purchased between 1.5p - 2p, either way you are not too far from break even so stop slicing your wrists over this.
At least after tomorrow we should have heard the last of Tomski7 when the company doesn't fold.
I expect it to finish level today before really taking off tomorrow when it becomes obvious to everyone that we are still digging up the golden stuff and will continue to do so for a while longer.
I figure that Pog need to get to approx £600m mcap to stand a chance of being included into the ftse 250 again, with all the benefits of tracker funds buying in. That would be approx. 16p/ share if my calcs are right but I stand to be corrected, highly possible within the next 6mths if we can sort out all our problems.
Is that United or POG board.
Very low volume UT at end of play just 76k, don't know significance of it oe if there is any significance but just seems strange. Any thoughts.
Based on the collapse of the share price over the previous few months I can't see any results, irrespective of how they might have previously been viewed, warranting a drop in price tomorrow, personally I'm looking for some clarification on the last RNS to ignite this to new heights.
Up to 2.5p now, hopefully the nightmare is over, although 1 swallow doesn't mean it's summer.
That's the price on ii trading account.
I have it as 2.118p finish but the UT hasn't gone through yet.
I would expect a clarification rns by Friday, no point posting results on Friday if by next Tuesday the company has gone t*ts up due to being unable to pay back the loan.
Not really bothered about share price as long as we keep trading, time is our friend if we are still trading, eventually this will re-rate to a price that reflects its assets. May take a few months but I'm hanging on in there.
2.118p
offmessage, thanks for posting that.
Has anyone read the Polymetal article in the Times today and if so can they share please, just seen the headlines relating to shareholders putting pressure on the LSE.
Surely it morning now in se Asia or have I got it wrong. Can we all agree to disagree until Tuesday when the market will decide who is right not the nasty posters.
The Russian article posted by Lawrence points out that a fare buy-out price would be 14.4 roubles/share, equivalent to 13 p/share, certainly north from where we currently are.