The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Getting very tempting to jump back in. approx 3.6 will do it.
I sold two thirds of my holding when I was briefly above water on the October spike. Knew it'd sell off and planned to average down, which I managed by about three points on old average.
Fast forward today and I've somehow ended up in the exact same position as before despite the lowered average. SP has now halved on that spike.
As someone who's not sat on piles of cash this share is a killer and for little clear reason with the resource expansion and the low cost to mine. Will reluctantly average down if we hit low 12s as it seems we will, but I really never thought old price alerts from the summer of 2020 would ever be going off again.
Really need SD and team to pull something out of the bag here to turn this slide around.
Said at COP today on a sustainable aviation fuel snippet: https://www.reuters.com/business/aerospace-defense/uks-johnson-says-current-targets-sustainable-aviation-fuel-pathetic-2021-11-02/
I reckon we revisit 3, chop sideways a bit heading to September end, then head north quickly leading into COP. That's a rough guess looking at the chart, but i'd never post 'fact' against an opinion because that's ridiculous and potentially dangerous.
Daily candle screams dump truck now. Will wait to see what happens next week.
Looks like another cycling brand added: https://cyclingindustry.news/the-hut-group-to-acquire-cycling-apparel-label-morvelo/
Might regret it as it does appear to have broken some trend lines, but if this were going in the other direction i'd call it overdone, so for that reason i've bailed marginally in profit expecting a pullback. Will be back in, but agree that this rise is odd on news that didn't exactly feel sensational.
If someone is building a stake or news imminent I may live to regret, but you live and learn.
That move just now reeks of a stop hunt, but on the upside it has filled a gap. Added a small amount more, just annoyed i did a larger chunk yesterday.
As for news flow, I wouldn't say this is among the worst communicators. Not among the best either, but trading update due soon enough.
Same, added 40,000 at 1.29. Shown here as a sell and surrounded by lots more at 1.29 also showing as a sell. Glancing at the chart and wondering if long term resistance has now become a support. Might grind down a bit further but don't see much downside left, IMO.
I'm definitely holding, but won't be adding until there is a very defined turnaround. Can't guess where that will be at the moment, seems like something driving it down. Agree this is a problem the world can't ignore any longer, more so now some countries are banning us shipping our crap overseas.
News seems to do this share more harm than good. I exited a spread bet as soon as I saw the RNS this morning, not worth the risk here. I don't pretend to understand it, but the pattern is way too predictable now. Annoying as I hold shares that i'd love to have bought lower.
Weekly candle looks very promising as it stands for a good week next week.
I am wondering, given the similarities between PHE and the EQtec chart (bounced 11% so far today) whether this will follow the same pattern now SP is at prior support levels. Seems like a relatively de-risked place to buy, but the trend over past months isn't confidence inspiring. Tempted.
Was last month, but now they've gone dark on info, no new update that i can see.
Also just published. Can't decide whether this is good or bad press - Velocys/Shell break up is linked low down. Suspect Boris will want to have something ready for November and if it can be Brit tech and Brit engineering he'll claim the credit somehow: https://www.theguardian.com/business/2021/jun/17/rolls-royces-jet-engines-to-run-on-synthetic-fuels-as-part-of-net-zero-plans?CMP=twt_a-environment_b-gdneco
Just released today, see page 61 for small snippet showing interest in developing SAF tests: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/994125/FINAL_TIGRR_REPORT__1_.pdf
"The Government should create a testbed airport to act as first-in-the-world for trialling the operation of hydrogen, SAF (Sustainable Aviation Fuel), electric, lighter-than-air and other low-carbon powered aircraft and airships, as well as designing and trialling innovative regulatory approaches to supporting them."
Nice little bullish hammer by the looks of it on today's daily candle and near long term downtrend resistance. Normally a good sign or a decent move north.
Silver lining is there's a gap filled and a small bounce so far. Also looks marginally into oversold territory.
Looks like some very decent copper discoveries alongside some hefty gold deposits.
Thanks to Bamps for insightful post earlier on measuring what's considered successful and not.
Helped my understanding a lot, that. Looks broadly very strong and the limits still far from known. Worth waiting out this one.