The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
i guess that is where the manipulation comes in.
my understanding is that they cannot hold back news, good or bad. isn't that against the rules? I know they can manipulate it a little, but actually withholding releasing an RNS because they don't want to surely is not allowed. ??
this should creap up a little on monday. it's cheap again but it's also friday so people are staying out for the weekend.
not a red friday today.
.
4.4million buys compared with 1.2million sells. back to the old holding this back game again!
not sure they would get away with dropping SP by significant amount. reckon they must have rules.
i got caught out once by setting stop loss just under the support level. the SP didn't go down as far but automatic stop loss kicked in because the spread was so wide and the bid price was at my stop loss. bloody annoying.
yeah, tree shake i reckon, hold on
i would think the trades at 4p are sells, people getting fed up waiting. will dip in and out and hope they dont miss the RNS release. those at 4.25 are buys as confirmed by hoodge this morning and many others over the last few days.
excuse the pun - LOL
last RNS stated that the purchase wasn't complete. If it was they would need to release an RNS to that affect. otherwise breach of rules, so we casn assume the MMs have not fulfilled order yet.
if you take the TMP purchase of 143,290,000 shares and minus the warrant issue of 16,332,333 leaves nearly 127million outstanding. thats a lot of 250,000 - 1,000,000 trades and surely some outstanding. only TMP and MMs will know how much, unless somebody has been noting the large trades? anything above 250,000 is a TMP deal IMO. nobody will be selling that kind of bulk unless a deal has been offered.
reckon they still have some shares to go before completion, even with warrant excercise this morning. therefore, 250k could well be a sell but only a manufactured sell via MMs who may have done a deal with a broker and offered other shares in return. in effect it is a buy by TMP (or will be)
SP finding its own level...sudden rise.
do i need to notify my change of interest? i think i now own 0.011% instead of 0.012% - LOL
hopefully, we will will se another RNS confirming completion of TMP transaction and then the SP will sort itself out without MMs holding it down for their own benefit.
Total Voting Rights For the purposes of the transitional provisions of the Financial Services Authority's disclosure and Transparency Rules, the Company's total issued share capital at the date of this notice is 1,701,488,719. The Company's issued share capital consists of 1,701,488,719 ordinary shares of 0.1p each, with one voting right per share. There are no shares held in treasury. The total number of voting rights in the Company is therefore 1,701,488,719. The above figure of 1,701,488,719 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure and Transparency Rules.
seems to be complete. RNS states new shares in issue and includes the extra 16 million shares.
next RNS should be TMP and that should confirm buy up of shares. SP will rise and find its own level, IMO must be in region of 6p. Second RNS should be about pour. I am concerned about meeting targets too so a good RNS will see it jump (8p?) but may drop by 0.50p if not so positive. still a no brainer though - just frustrating that we have to wait so long.