The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
To normal here then.
Makes you wonder if someone knew this was coming hence all the driving the price down for a low entry and quick 5% gain. But it is a shame when we celebrate being almost back to 20p, just a few weeks back 20p seemed like the bottom. Fingers crossed for a sustained few percent rise a day like back in October. This RNS has made me a lot more confident though and won't be looking to exit once I break even based on these plans.
You say the drills are not priced in but if that's the case why don't we rise on their updates. Let's see who is right when we have the IP rates for the new wells - I'm willing to bet it's me but I seriously hope it's you. My 100k shares would be in a much better place. We fell after the last IP rates which is insane. Either something is wrong or something dodgy is going on around that 30p placing and the company not knowing who the seller is.
As with a lot of you I'm about 7p from break even and want out. Unfortunately it's not going to happen without DTU or Helios news and I think that's just a pipe dream. All this time and no progress has been made whatsoever. What are the BOD doing? No mention of meetings with potential customers = there aren't any. They couldn't come up with one shred of positive news to encourage people to buy this share.
Same things said in a slightly different way. No progress on anything so no rise expected from this update. We don't need rehashed promises of potential, we need clear facts on what is happening with DTU. Without any facts I can only assume there are no customers at the moment.
BOD now is the time to tell us if you have anything up your sleeve. You sold our only successful project for a pittance and the market reacted accordingly. How is this delivering shareholder value. Why could you only negotiate 7.5% of the revenue. Where are the fund managers you spoke to. News on ED drills is now irrelevant and won’t move the share price. Unless the drills are dusters then the share price will probably be zero!
Looks like there actually is still one. Chunks of 10k going constantly. I remember last time people were saying this and then when it dried up we started steadily re rating to 34p. Although there was the upcoming drills to drive the price, it was held back for ages by the seller. Only thing i can’t work out is why those sells are happening now and not as we were sitting around 30p? Only answer would be if those shares were acquired after we re rated to 30p. Eventually they must dry up. 20p doesn’t seem like fair value in any sense at the moment, so I’m trying to keep the faith that the seller thing is happening again to hold us back.
For the BOD to deliver now. I hope they haven’t sold our key asset with nothing else up their sleeve. DT and Helios are all rumours at this point. I’m sitting at a big loss now and that’s the only reason I’m still in.
I meant in terms of the recent trading range.
I don’t know, I think it’s getting worse now. Approaching new lows. Drilling news won’t help because there is no longer uncertainty or excitement - we get a few quid and that’s it. I invested on the certainty of E.D. project and how that made us undervalued but we’ve now sold it and never saw share price value from it.