The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
No typo, the last paragraph of the RNS was merely a summary of all the things they expect in H1. So the morrocco signing, the Valkor permits and the commercial Morrocco deal. They elaborated on this more further up when they said they expected the MSC agreement Q1 and the other two In H1. Its just their overall summary.
If we did get that elusive RNS binding agreement next week what do people actually think will happen to the share price? Will it move at all? It seems whatever news we get here then price never shifts as the market always assume QED will fail
I guess it is pretty obvious this one will probably be fully subscribed if the share price is sitting at least 20% higher than the offer price. It could very well be well over subscribed. I would like to think this is the QED boards way of thanking us all for our loyalty and that we can all get cheap shares if the price was to sky rocket after a blockbuster RNS next week.
This is very true. Or what could happen is if the placing is successful the 1.5m should be enough to get us to year end anyway and to commercial deals. The share price may even rise on this good news and maybe the OO will be a good gesture from the board as us holders will get a the opportunity for a few more cheap shares. Clearly very few will subscribe if the share price is anywhere near the offer price as otherwise we would all be making the same mistake as last time.
And the amount of shares traded when it is dropping is tiny. The only reason it drops from 2 something to 1 something is because it is all so irrelevant. If this company is successfully and they start making serious money the investors and buying will come in and the rise could be ridiculous. I guess that is what most of us are waiting for but just frustrated with the time it is taking for all the formalities to be completed.
Definitely a few more trades going through today. Even if it is in the wrong direction. Means we are at least on people's radar and when that elusive deal RNS drops there could be alot of interest and buying back in fast!
Oh I definitely appreciate people's frustrations as I think I have been here over 10 years! Think first bought shares at 16p and thought that was a bargain! We are clearly in a much better place now and at a much more pertinent time but the whole financing a MSC Cargill deal is just nailing us right now!
How much longer are we meant to wait in silence before JM feels it is necessary to put an update out? It is 4 months since he said about his Decemeber prediction. That's even bad by his standards. Wonder what an earth is going on now!! Its either massive for us or completely going to cost us!