The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
There are too many blocks of 5m sells...few 10m aswell...
is this being shorted?
are these being fwd sold ( placing ) ?
is this one of majors selling ?
i dont know whats happening...BUT
price is holding up well considering we have had all them sells...
According to PRESENTAION out in may2023
Below is the list of MAJOR SHAREHOLDERS
60%+ share already taken
no-wonder why this FLIES/ROCKETS on small volumes...
FREEFLOAT is tiny...
Imagine on what could happen here on +ve Commercial RNS day
https://app.screencast.com/HFuttWn1nTouf
Tulip Oil 40.8%
Anavio Capital 5.2%
Deutsche Rohstoff 3.3%
Directors 11.6
Revenues/year from current well
200bopd=£5.75M
400bopd=£11.5M
600bopd=£17.25M
800bopd=£23M
1000bopd=£28.75M
1200bopd=£34.5M
1400bopd=££40.25M
1600bopd=£45.5M
Thats just from one WELL...2nd ONE already planned for later this year
M/C only £10M
"The well is on track to achieve the primary objectives of testing the reservoir targets and completing this well as a producer as part of the development of the Stockstadt Mitte segment of the Erfelden field"
I agree i think there was a LEAK...as we started to move/jump up on very small volumes...its possible some ORDERS have gone in and mm's are working on them..hence swift rise...rns was out after market closed ...which is bizarre in itself...maybe they are covering themselves for tomorrow ( big rise ) who knows....one thing for sure...no speed tickets coming this way...
Hope it was a LEAK and word is spread and we get HIGH VOLUMES days ahead of DISCOVERY rns...the HIGHER the platform we ROCKET from the better..
imo if they had concerns they would have said it today...looks like everything is on TRACK and as PLANNED
Completed the drill glad its not going to b re-drilled
Wire-logs r only done when there is Hope/Chance of SUCCESS otherwise best2 P&A
"We look forward to updating the market in due course" u only look fwd to something +ve
Would take that any day of the week...ahead of potentially GAME CHANGING / TRANSFORMATIONAL rns
Some trade these kind of shares, they sell be4 results...well today they had their WISH...volumes was there for them to sell...
Others hold onto their GOLDEN TICKETS..hoping for LIFE CHANGING AMOUNTS...lets hope as 1st lot these 2nd lot are also onto a WINNER big time....
ATB
Good to see INTEREST picking up...as we near RNS we should move HIGHER in anticipation ..and then on DISCOVERY announcement we should ROCKET!!!!!...thereafter....FLOW RATES will start to do the TALKING...and then....we PLAN for 2nd WELL same FIELD....
HAPPY DAYS!!!!
Thanks for replies..guys..
So REVENUES from this well alone could be something like £6m-50m per year on 200bopd-1600bopd basis...thats mind-blowing...current m/c = only approx £10m
LoL..... mind you we might be getting rns soon ( TR1 ) stating who has sold..that could create renewed interest in here.....normally after Tr1 ...if not fully out seller stops off-loading......BUYING PRESSURE from there-in...should see us re-rate to sensible levels
TyreTread...companies like ITS went up by 30 fold on thin air....they only have like £80k cash....
i can see ACTs REVENUES increasing overtime....£3m m/c could easily become £10m / £20m ..... over next 6/12mths
Point of note...TAKEOVER at this currently low price can not be ruled out
For me its short/medium term trade/punt...
everything is down of late....AIM has taken proper battering in last 2 or so years...companies like #act will only go up imo if one has the patience to hold...key here is ...CASH stands above m/c ... and sales/contracts to follow.....
i was reading previous rns's about 2 mths ago..someone was hired to increase sales and turn the company around....withing 2 mths ...this guy has signed LOI with £multibillion company...very very impressive...
Monies to be made by both sets in #act.
Freefloat = around 60% thats around 132Million shares...
https://app.screencast.com/ni5ah46rcSocg
Yesterday alone over 80Million was traded...
Seller has been filling the boots of BUYER...when his supply stops ..this could rocket....
Remember LOI has been signed with £MULTIBILLION company...sales/contracts to follow
Always play it safe..
GL
Gazala69
we already have 114Million euros worth of ORDERS which equates to £100M
profit margins stands at 40%
which means we will be netting £40MILLION profit from just orders mentioned above
More orders to come
Modular Housing set to grow to £160BILLION by 2027
HAPPY DAYS
GAZALA69
I took a screen cast see below...from april 28th rns..... if link dont work...just copy and paste in address bar...
https://www.screencast.com/t/4P9cKuGP2Z
https://www.screencast.com/t/4P9cKuGP2Z