The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
"Expect the insider buyers to be leaving today then steady rise to test results"
So far 830,000 shares sold at £11k, which is not outweighed by purchases. Given the most recent low was 1.08p thats hardly a massive profit (£2k) for 'insiders'. The rise was built-in yesterday as usual for BLOE.
Evidence through flow rates and solid production will underpin and consolidate the price, so the wait continues, but not for long. I still think 4p will be tough to achieve and expect it will settle between 2 to 3p. 2p has been a difficult barrier, not seen since October 22.
1982Investor - you claim to have the inside track and access to [privileged] information yet nowhere do you draw any credibility on yourself. Were you cognisant with the facts you would have evidenced that, but you've done nothing.
Instead you seem far too focussed on correcting grammar and advising people of your superior knowledge, again without any supporting evidence, resorting to online bullying and name calling when called out.
Either put up or shut up. You are doing yourself no favours and merely antagonising an already contentious situation with your abrasive and smug attitude, more akin to a pompous school teacher than someone who claims to be a businessman.
1.95p (11 April 2023) - That needs to be broken first before we can start getting excited. Currently 1.50 on the ask, but cannot see it going beyond that today.
A rise tomorrow to 1.95 will give a 30% rise on todays assumed close of 1.5. Cant see that happening tbh.
"Just need the heard to arrive."
"8 x current Mcap of 9M so SP 10p"
Not going to happen and thats purely wishful thinking. Along with the 10p predicted share price. If you turn out to be correct on either quote I will naturally apologise, but been here too long to know better. People need a serious dose of realism here, not some Barnum effect.
We will be lucky to see 4p following success with the current drill.
"So what's the date?? This is ridiculous..."
The 12th of Never.
Hi Dave,
I know a few operators that fly to Georgia and the USA. Perhaps you'd like their details so you can go over and sort them out with a piece of your mind. I think we'd all like to see what you come up with, as after all, Looed is useless and achieved the square root of FA over the last few years....
Hope exists then. Real hope, not the bad one!
Lets see if they can drag this over the finish line and return to the market.
School's out early it seems. Don't feed the troll.
Good to see the price moving upwards today, seems there is some consolidation occurring post recent news and confidence in the market. Currently 17.38% up on the day at 1.38p. Lets see if it can breach 1.4p
https://www.google.com/finance/quote/BLOE:LON
Oh, the irony....
Rocklawn thinks the price moves up on every positive RNS and bleats each week when we dont get one. He needs to realise there is more to an organisations operation that issuing statements. BD6Vant has provided interesting data which paints a positive picture, so just because its not in an RNS, a) rocky doesn't get it, and b) its positive as it provides a clear idea of operational activity.
However, its not reflected in the share price, which needs more than robust data to move it upwards. Credibility is the word of the day. Just for you, rocklawn.
Sadly, this is still down some 75% over the last year alone.
Hopefully this is a turnaround and investors can look forward to similar rises as projects progress and deals completed. Whether confidence in the organisation is evident is yet to be confirmed, much of todays rise I suspect is based on euphoria coupled with confidence, but great news all the same.
"Anyway a positive RNS with a clear path going forward ... I EXPECT A PRICE RISE THIS MORNING ...gla"
And yet.... nothing. The reason being is that the market already knew 2 days ago. I'm not lambasting anything rocky, just being real and not crying out for news 24/7.
This share will improve slowly, it wont rise exponentially in days, however, slowly is preferred as that will consolidate and deliver a firm position. Take EZJ for example, 47% rise since January. Sometimes you are better investing in larger companies.
Well rocklawn can get excited now seeing there's news this morning, although its hardly outstanding. Hurry up and wait...
Average production of 664 boepd during the quarter (Q1: 400 boepd)
· US$2.0m loan secured to ensure drilling momentum is maintained
· Planned spud of the next Project I well, this month