The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I have the same by the way but 1.35 - 1.45p spread now.
Yes currently 1.35 - 1.40 with full ask being paid.
Just as "normal" as ramping - those paid to promote the shares or those that have invested already and simply want to sucker as many rainbow chasers into the stock as they can by exaggerating every detail and denying any contrary opinion....
And many more who will have lost money as a result of the unadulterated, blinkered, discredited ramping from the likes of pubcrawl; those people who were buying these shares as these same rampers were telling everyone that it could only go one way when the price was up at 2.6p and who couldn't take any more when they were losing 50 - 60% of their investment...
It cuts both ways.
I am not a "trader" by any stretch of imagination but do use traditional trading "buy" and "sell" triggers in making timing decisions occasionally. British Bulls has had He1 as a "Short" since 18th March but has just changed their recommended position on He1 to a "BUY" recommendation.
Concentration statistics in themselves are of little value without supporting stats for flow rates and longevity but of course PC you don't care about such issues do you? It doesn't suit your superficial, discredited, one-eyed agenda.
Well that's it for this week folks. Closed with last trade before 4:30 at 1.35p - not a bad week all in all. Here's hoping for similar next week and some good news too with a bit of luck.
What the bet? Will the MM's look to take the mickey out of the day traders closing out after their 10.0% up day or make sure that the final FOMO chancers pay up for their shares?
It is usually the former but today might be different with the possibility of news on Monday.
In any event I wish you all a fantastic weekend and hope you all win the lottery.
It requires people to report the post and poster littlered. I suggest you do so.
MM's do their damnedest to be neither long nor short for any meaningful length of time Chesh, they do not play shares just tack the spread - so Peel will only trade those that are on their book OR those they know have availability/ access to - so maybe an underwriter or a fund or a large PI.... though I am not sure that there are any funds holding He1 so less likely to be that.
have to go out for a while now, back later - keep the pot boiling...
Peel have always been the sellers with the lowest ask - they must have a tap into a large tranche of shares methinks.
I too am on II and just got a quote of 1.35p for 1,000,000 and same for 1,500,000
Full ask being paid - is 1.38p the highest BUY of the day? If so, bodes well into the close.
If you go to He1 at the London Stock Exchange site and look at the trades for around 10:58 there are two sells each side of that trade at 1.285p (10.54) and 1.29p (11.03) as well as two buys at 1.3147p (10.55 & 11.01), which suggest that a trade at 1.3285p is a BUY....
But as others have stated is it history now so who cares whatever it was is now "in the price"....
Those Mr Singhs do like a bit of moonlighting eh?
Is that the same taxi driver that Mr Singh from the corner shop uses? ;0)
Honestly Chesh, no. If I am a "deep pocketed producer" I can afford to wait for the "commercial discovery" confirmation; the basin modelling and resource estimates will need validating with flow rates and the information to evaluate stimulation prospects etc
Agreed to a point Chesh, yes. I believe the EWT will only confirm their strong opinions from the basin modelling and resource estimates but that EWT will (hopefully) give us the all important "commercial discovery" tag that we all (and the onlooking world) are waiting for; so I think the EWT will simply be confirmation of what the BoD already know or strongly suspect. That should be enough to get the sp up but the "commercial discovery" will be the catalyst to much higher values. A successful appraisal well should also help that significantly.
A week ago a £10m raise would have been a 20 - 25% dilution on a market cap of circa £38m - that would now be a 15 -20% dilution of a £48m MC. It will only get smaller.
Well I ahven't sold anything since top slicing above 3p, I have been topping up in the dips but still have "cash on the hip" to buy more if, as RJ suspects, there is to be a discounted raise that provides a lower entry point. Personally, even if that does happen, I do not see the sp falling below its recent lows at sub 1p and on that basis am happy with the shares I currently hold and intend to hold at least to after the EWT results and I will live or die on that outcome. The issue of a raise between now and then is, in my opinion, just a very small blip on the radar and will have very little impact on the sp - and, as is obvious, the higher the sp and MC in the meantime the smaller the impact that dilution will have.