The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
testpack you really are off your head! I am not a conduit for Sound Management to filter through propaganda. As for owning shares - I do & have invested plenty. You are a typical conspiracy theorist who would rather propose the preposterous rather than take things as they almost always are...normal, mundane & frankly quite boring!
KTF, I wish! I thought the share price might sink to these levels but I did not anticipate another raise. Is it time to load up? You've got to ask yourself one question: "do I feel lucky? Well, do you punk"? SOB..........
tombi, if I thought the deal was a synch to be signed I would not hesitate to buy more at our current valuation - but that's the gamble. It's back to roulette when you spin the wheel for red or black! The AIM Casino is in full swing right here at Sound!
Ps, it is pretty sobering when you put it like that. We are now valued at a mere £22 million & yes, we thought relinquishing that 9% was bad - but who expected another raise at this moment in time. We thought we would be fully funded - but there is many a slip betwixt cup & lip & until that deal is signed we are about as vulnerable as a newborn lamb who needs to wean when there is nothing more to wean on! All this talk of shareholder rebellion is all very well but at the moment we are on a high wire trapeze with no safety net & hardly in a position to complain until we get our feet firmly on the ground!
Get the deal done FFS!
Eric, I'm glad you are getting a 'rise'. I might cancel my porn subscription & concentrate more on this coming deal...............seems to be working for you! Puts a whole new perspective on the hyped-up 'Liquidity Event'!!
Crude...ooh ya!
Jez, you say you won't make the mistake of ignoring Tom Winifrith's advise again...you might want to re-examine what you said. You are more or less saying good ole Tom is the Sage of AIM & whatever he says defines how you should react with your stock market decisions...sounds like the Pied Piper of Hamlyn to me.
Regarding my Sound stockholding: I retain all my shares & have not sold any since that tranche at 89p: I have since added to my holding. I may buy more if the SP declines to 2.50 as that would mean something like £27 million cap & I am happy to buy more at that value. But it is splitting shares at todays prices. I must be married to this stock as two of my best stockmarket buddies Appiamma & Ponkey both sold out. Even much lauded and enigmatic investor come geologist Silverfish sold out around a year ago...some of the more switched on posters may remember his contributions here. So I do take exception to folk (mainly Jones) who think I sold out...I am here for the duration which now means production & hopefully successful exploration!
Cheers & Merry Christmas to all.
In the spirit of Fallingknive's adapted lyrics, here are some of my own, courtesy of 10CC.
'It's one thing to know it but another to admit we're the worst board in the world but we don't give a sheit'!
If Fastow was CFO & Jeff Skilling CEO, then we'd be nothing more than a bunch of conning bums - so So pay up, pay up!
Well we've never done a days work in our life
And our shares were selling in zillions
It irrigates my heart with greed
To know that you adore me
Up yours, up mine
But up everybody's? That takes time!
But we're working on it
Working on it (Ooh)
Poignantly, the lyric ends with "Buy me and you play me then my plastic turns to gold".......
https://www.youtube.com/watch?v=99dWE01yC7I
Just a bit of fun & the song needs to be listened to but it is just a joke & definitely not meant seriously.......
Ozzy, Ozzy, Ozzy, oi, oi, oi! I think I will have a lunchtime toast to that stunning Tory victory! It wasn't just Brexit "wot won it"...even hardened socialist balked at the prospect of Comrades Corbyn & McDonald running the country (down). But Jo Swinson losing her seat was the icing on the cake...she paid the price for turning the Liberal Democrats into the Liberal 'un-democrats'!! Also, what a pity the 'Beast of Bolsover' won't be in Parliament to torment Tories from the backbenches...oh well never mind! We have also seen the back of all those meddlesome interfering Tories such as Ken Clark & crew & now Michael 'Tarzan' Hesseltine can go & crawl back from under the rock he crawled out of as his 'vote Liberal Democrat instead' policy backfired in his face!! Sadly the SNP grew stronger. I am very much a unionist & want to keep the Kingdom intact but it seems the Scot Nats won't necessarily get their independence referendum in any case so maybe nothing to fear on that score. All in all a fantastic result!
With a market cap of £31 million & buy price in the 2.80s I am very tempted to grab a few hundred thousand more of these little beauties, sit back & count my dividends! If/when the deal is signed I can't see them dropping below the current price. I might wait until next week to see which way the wind of fortune is blowing.
On the subject of boardroom scrutiny, someone asked why previous Chairman Richard Liddel (a non-Executive Director but previously Chairman) should not have taken up the post when it became vacant due to Simon Davies's sudden illness? I think it is a valid question. But maybe the Chairmans role never sat so easy on Richard's shoulders - at least that is the impression I had in Morocco. Richard is a good solid northerner; slightly shy but very personable & someone you would imagine has morals. He was sorely missed by private investors & needs to be replaced by someone of similar character.
Jez, I agree with StMary...coming over here denigrating the folk that remain invested as "mug punters" is pretty low of you! I know people who have sold for a loss but who are the mugs? Sell for a loss or hold for a gain? Some here have low averages but many are high averaged & hoping to recoup their paper losses. You can't accuse punters of being mugs because they think their luck might change on the AIM...YOU place enough bets on this casino & see how your luck holds!