The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
We already had the news. The SP is just catching up with events
60p is hopefully just the first stop
Clearly not nearly
It's not relentless news. He nearly said he would not be giving blow by blow updates to investors. Next news may be April.
People are more likely to leave a negative review but it is a concern
Sound advice here. All shares are risky and AIM mining shares are amongst the riskiest. Very good risk reward here but still risk!
I am also concerned that you would consider taking a loan based on bulletin board talk. Do you know anything about mining? I'm sure most here myself included know very little.
The best way to get rich quick is to get rich slowly...
Interesting discussion here. Good to hear some more cautious views. It would be good to understand exactly which factors affect the valuation. Country political risk etc. Whilst clearly not free OMI will not have to dilute further should a really large find materialise and this has value also.
I'm a recent buyer so top slicing here does not apply to me but well done to those who bought in lower. Trading spikes can be a good approach but timing tops and bottoms is fraught with danger imo. Much easier to buy good shares and then be patient. It's hard to identify good shares but even harder to then do nothing. Personally my best returns by far have been by holding (doing nothing) rather than trying to identify spikes and bottoms.
Not sure why people are surprised. Clearly judging by the posts there was an awful lot of hot money here and the news although good, it was not good enough to trigger a further rise immediately. Let's face it most here are traders as investors don't need to watch the sp every minute of every day. The negativity is not because the news was not good but because people wish they sold last week or this morning to enable them to buy back cheaper. If you are an investor the SP today, tomorrow or next week does not matter. You'd be more interested in the SP in a year or two...
Breaktwister I am happy to hear you did not mean literally all in. I agree with a small portfolio of well researched stocks applying concentration where you are most confident - 5 - 10 imo. The problem with going "all in" is that black swan events do occur - and they are are especially damaging when over leveraged and you need to sell and no one wants to buy. You always need to be able to live to fight another day and going "all in" can do untold damage. For every poster bragging about going all in on the likes of GGP there are probably hundreds if not thousands of others - possibly no longer investing who have been wiped out by going all in on an AIM stock. I'm very aware that there are many newbie investors and these boards due to lockdown etc and just wanted to provide a reality check. On these BB's if I say this share may hit a fiver next year it will probably get loads of recs. If I were to suggest holders here could also lose the vast majority of their capital I would be called a deramper despite both statements being possible outcomes - of course as a holder I'm hoping for a fiver but the other outcome is also possible.
A pretty stupid thing to do really. No one sensible goes all in on one share - no matter the prospects. I guess it shows the type of people reading this bb if 6 people recommended that post.
Going to buy shares, issue themselves millions of shares in options then deliver results immediately afterwards - so yes I would expect news in January.
P.S. Relax and wait or sell but please stop the constant moaning!
Punters look at the sp every minute of every day so 4 weeks can seem like an eternity. The daily drops of the past month or so can be reversed in minutes or even seconds in an AIM stock. The daily drops are intended to grind you down so that if/when good news arrives you are not holding as the SP spikes. Invest what you can afford to lose and then leave it alone for a few months imho.
If the sp reaches £1+ in the next 3 -6 months I couldn't care less if Brad turned up in his slippers and dressing gown with the images all over twitter!
I completely agree with that summary. What's done is done. The only thing that matters now is a strong sp. Let's hope for positive drilling news soon.
They are risk free. Simple as. JV partners are doing the work.
The main thing though is that the newsflow can now begin. No wonder they weren't keen to issue news re: start of drilling etc as they wanted to keep the sp down. Part of dealing in AIM companies though.
Please explain? Either the gold is there at good grades or it isn't. No amount of hard work will create extra gold at decent grades. It is just snouts in the trough.
The point is that they are completely risk free for the directors therefore not a sign of confidence at all. If the sp goes up they cash in. If the sp goes to 1p they do not exercise. Zero risk - how is that confidence? Please explain why it is a massive positive....?
Yes indeed great news that we have cheapskate directords who want maximum gain for minimum risk. This isn't confidence. Confidence would have been substantial buys out of their own pocket. These are free lottery rickets printed in advance so they can cash in if drilling is successful.
I wouldn't pay much attention to NT for buying type statements. We just had over 23m shares issued at 17p I am sure there will be many happy to flip shares for a few percent. This will drag on the SP until we get some real buying volume. Until then don't expect any significant rises imho.