The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
It was like this being in early at HE1 first time around...hovered around 7p to 8p for weeks with hardly any interest......then BOOM to high 20's pence when the herd arrived...hopefully a repeat here in the next couple of months...
So the CEO of C4X Clive Dix said "the recent downturn in the financial markets has adversely impacted our share price, and with it, our future ability to raise funds in the public markets...we can potentially access a larger quantum of future funding required to accelerate our strategy as a private company".
https://www.morningstar.co.uk/uk/news/AN_1711540567231898500/c4x-discovery-seeks-aim-delisting-but-half-year-revenue-skyrockets.aspx
TB can’t understand the low valuation of IQAI either…
More and more companies in this position will probably look to go private…
IMHO
ATB
I have already sold 425,000 of this rubbish over a week ago. Current selling is not just down to the broker. I don’t trust the board nor do I believe that whatever lies they spout going forward will be enough to get any further PI’s to part with enough money to lift the price by any great magnitude as so many want to dump at the first opportunity. That is a huge amount of selling to come from all angles…killing any rise(s) for some time to come. It will certainly take a long time and or considerable good news to hide the stench here. I still hold a few but crystallised and wrote off a considerable loss here. I will take my chances elsewhere, right or wrong…far away from TB & Co for sure.
IMHO ATB
Absolutely agree BB.
No disguising what has happened here already.
I would imagine a lot of underwater PI’s are looking for the first opportunity to dump having seen the light. Together with TB & Co in the queue to dump on the next rise, it could be difficult to see a decent uplift this time even back to recent highs…would have to be stellar news to attract enough punters to part with money this time…
thanks bb. another fca complaint lodged. they are totally useless but what else can we do?
with tb milking this on a rinse and repeat, i can’t see how any pi is going to make decent money in the foreseeable and tb knows it. with so many pi’s under water here and waiting for the first opportunity to dump plus tb probably selling into any decent rise, it could be a long while yet before the **** clears.
Totally agree The_Paladin. As soon as break even point is reached for me (and there is a fair bit to go yet), I will exit this rubbish. Absolutely stinks. Yes try not to let emotions rule with investments but hard not to when dealing with this crook.
GLA
Annoyed with myself for trusting TB…should have known as he has a chequered history. Anything he says should be taken with a pinch of salt. The underlying work done at the company is why I chose to ignore my reservations but all he will do is shaft you royally time and time again…
Dunno Tyke but the mm’s have shares to sell…can get a quote to sell only 150k at 2.50 but can buy 350k for 2.645 (not sure what limit could buy up to but that’s my spare cash) so mm’s are sat on shares to sell. Nobody buying them at the minute then…not even Trev! I’m tempted to buy to average down but until I know what Trev’s up to I am resisting…must be a TR1 due surely…if not then must be PI’s.