The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Probably next week? What are the expectations? Probably nothing blockbuster but the production has increased since Q3 so at least a break even with good future forecasts? Also one would think they won’t hedge new (increased production) or at least hedge it higher….
Yeah it’s unbelievable, I don’t think it’s about negative past sentiment about COPL either, for example PREM has been the biggest piece of s*** on AIM and still goes up, anyone knows how much production have we got hedged? It won’t be 100% surely especially when volume increased in the past few months ?
Well I certainly judged this one wrong, 1.5Bn barrels on 55mil mcap, more than 100% of company traded since the discovery announcement, 300 trades every day, oil up, big director purchase …. And I’m -12%… something stinks here with those endless sells
Yeah I thought so too, oil price is still up and copl has operations safely in the US, this share has crazy volumes vs mcap as well no idea where are all the sell coming from, there must be a lot of traders and newbies + remaining placing overhang
WTI at $92!! oil sector is the place to be at the moment… I think a lot of people still don’t believe the discovery (I’m still not convinced to put more money in until I see some confirmation news) because it just doesn’t make sense with the current mcap but as soon as we get the news and start moving up people will chase this hard…. the numbers are just eye-watering
I just bought in so it's easy to say but patience guys, we have very decent volumes every day (compared to mcap) sellers can only sell once! ncyt was stuck at £3 for eternity and then went to £12 short after.... patience pays
Completely understandable mate... most of these fundings to production on AIM are done lower & result in bigger dilution than LTH hope for. That's why I tend to "invest" when it's all out of the way like here now and all you have to do is wait for the share churn to be over and the ascend to production begin. Thank you for your feedback and good luck to us!
Well BCN was in a similar situation, had a massive fundraise at 45p to bring it to production and were trading between 40-45p for a long time.. then of course they got bought out cheaply by their Chinese JV partner (still can’t believe they actually let it happen) but what I’m saying is that it’s pretty normal to by trading below fundraise these days… I’m loading up here personally and holding all the way until production unless we get some big unexpected negative developments…