The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
SJL prob asked for reasonable dividend and Toby prob told him to f**k off.
It looks like the chairman bought £200k at 60p in the last placing, followed by several buys after that. He must really believe in the potential.
47p paid.
Apparently, a seller was holding it down and has CL finished selling. No buy quotes available unless calling broker. The seller was the reason this did not move up after the $30+ million sale recently.
I am regularly in touch with Toby and he normally responds promptly, normally within a day. However, it's been radio silence from him in the last few days. Definitely something brewing.
Positive update on website, wish they had RNSed it. TOUCHSTAR ACHIEVE HIGHER THAN EXPECTED SALES FOR PODSTAR PROOF OF DELIVERY SYSTEM http://www.touchstar.co.uk/blog/recordsales
With the ways things are heading, i won't be surprised to see a "change of broker" announcement soon. That may lead to an easing of the selling pressure and a higger trading range.
Dandee, if you are claiming it is the broker that is the issue, i will completely agree. Mr Hall is definitely taking the right steps to strengthen the company's prospect. Whether the house broker is doing enough to communicate the critical issues to the IIs and PIs is a different matter. That broker note has a lot of room for improvement.
Looks like there are quite a few gradually building positions here. My holdings now stand at 2.3million.
100k buyer...
Keen to find out who the 100k seller is, if anyone has any info.
Any rerate will have to wait for the 100k seller to be finished.
Significant news this morning with another contract secured in the expanding decommissioning and abandonment area. Esp like the following: "In addition, to the abandonment market, we also have products that are ready for deployment in subsea and surface production, two substantially larger markets than jack-up exploration, as well as a number of other applications that we are actively pursuing in other areas of the broader energy industry, such as geothermal, where we believe POS-GRIP can make a real difference in terms of performance and safety. It is important to remind our shareholders that as the world moves increasingly to gas consumption as a preferred hydrocarbon source, the importance of gas tight equipment, including wellheads is becoming critical, especially where for example methane leaks are concerned. Metal-to-metal sealing capabilities are therefore essential and we believe that our proprietary and patented POS-GRIP seal technology delivers the very highest standard of integrity and long term performance."
Thomas William George Charlton has increased holdings to above 9%. The 18k on Thursday was his.
Share price drop is quite depressing.
Very pleasing to see that they are wining work abroad as well now.
Surely, the valuation is beyond ridiculous now. This has to rerate at some point.
More contract wins making the buying case even more compelling.