The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
From last weeks RNS -
Dougie Scott, COO of IOG, commented:
"In light of the Southwark A2 results, it is prudent for us to pause well activities on Southwark. With this in mind, the JV has elected to drill the Blythe H2 infill well ahead of Southwark A1. As a conventionally completed well, H2 has a lower risk profile, lower cost and can be brought into production quicker than A1. H2 can materially increase our production rate which would underpin our cashflow this year.
The "lower risk profile" is what excites me here. We should be back upwards towards double-digits!
I've just bought another 95k shares at 4.75p and it's gone through as a SELL, rather than a BUY.... very strange!
Hello 5p! :-)
Told you that this is a spring coil, waiting for the 5p.
Now onwards to 6p very VERY quickly!
Alot of big buys coming through.
Spring coil - this will blast through 5p, once it breaks!
So glad that I purchased more at 4.1p yesterday to average down.
6-7p short term (within a couple of weeks)!
I can see this shooting way through 5p, towards 6p in a day - a 20% increase in a single day won't be a surprise, and we can expect things to return to some normality.
A slight dip today, but the overall movement is definitely upwards.
This has got all the hallmarks of bagging from here within 12 months. It's 3 steps forward (up) and 1 step back (down).
Buying at 4.8p full ask now!
Almost teasing to turn the red into blue.....and just over an hour still to go!
Very solid here.
BID slowly creeping up, now at 4.6p
ASK at 4.8p.... could finish blue!
Way oversold!
4.6p and 4.7p also paid!
We could end up blue and above 5p! Wow!
When are we expecting the next set of news here?
It seems to be dwindling down every day here
A nice clear run towards 2.0p
No bad news here, although no good news either.
But the selling has been overdone, so it’s clear we have found the bottom at 9p, and we can work towards moving back up. 1st leg will be 15p and then onto 20p, which I imagine will be very quick.
We need some buying volume here, as it seems very slow moving, with a massive buy/sell gap.
Good luck all!
I have a good feeling about today! ??
It’s been kept too low for far too long…..they need to let this go!
Any sell is causing a massive drop, yet any buy is hardly touching the price.
Some serious games Brit played with this stock.
The 10p bid needs to be smashed, and then we should definitely be off.
There can’t be many sellers left around this area now.
It’s still struggling to break 10p
Once it breaks 10p on BID, we should be nicely set for a good run towards 20p.
I'm hoping for a good run towards 20p, as soon as this gets going! I may be a tad optimistic, but this has dropped too hard, in such a short space of time!
Hopefully no further major drop here and we have found the ultimate bottom, from which we can return to a upward trend…..would be good seeing it rise daily throughout August!
12p to sell and 12.06p to buy.
A tight margin.
I’m really hoping that 12p is the firm base from which we can begin to claim towards 20p