The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I think following Fridays RNS this share will now re-rate but obviously nothing goes up in a straight line, the asset sales will be the main driver for me (following the RBL announcement). Whether people get in at 14p/17p/20p really makes little difference if you are looking at the bigger picture. Remember the markets always look ahead, I see this at 80p minimum by the end of this year.
Can’t see anything other than a major with deep pockets who can afford to take this project forward taking us out very soon for many multiples of today’s price we are absolutely gift wrapped for sale. Good luck to all!
At this price what to do is simple the downside even with 3 dusters is so minimal the obvious thing is just to sit it out and ride the wave. The existing asset even as a distressed seller would surely be worth more than we are currently valued at. So yes if TE9 isn’t good we will no doubt go lower as long as people keep their nerve there are only positives and potentially huge positives so relax as JP said ignore the noise!!!
I always thought we would drill at least one of the proposed 3 drills but the slowest drill assembly is making me think that talks are going on in the background with the proposed buyer saying drilling must not start. Either that or someth8ng isn’t signed off yet as somebody else mentioned so rather than look incompetent set up the drill slowly so that everything is in place by time the rig is finally ready. Be interesting to see what reaction we would have to a £2 per share bid now!???
Yep I do the same but with larger amounts £15 or below is a buy £15.25 sell. I buy 5000 at £15 and a further 2500 every 5p it drops below then just sit it out. With its good dividend and being a safe haven share one of the best trading shares and safest around. My trades are all via cfds but prob make 5-15k a year from SSE easy money.
Trading as expected and talks ongoing BORING ! dont expect news to feasability study completed in September of second field.
Mant thanks ! Can i ask your thoughts on takover timescales and price ? I think sooner rather than later and approx £1.25 ish
Who can really explain what these loan notes truly mean. obviously its officail as release from takeover panel. I think either Essar have redeemed them or bought them cannot think of any other explanation ?????????