The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
When a bid or ask price in an auction goes beyond a set % rate (expectation), then time is added to allow other bids to be made.
Usually it occurs when there's a jump in the sp... A kind of 'are you sure?' moment to allow firms to get their heads in order...in a manner of speaking.
That's how it was explained to me anyhoo.
How long will 3.7million last?
If we made an operating loss of 800,000 - is this considered equivalent to approximately 2 years (4 half yearly) of operations at the current cost / spend?
Stupid questions maybe...
What exactly is 3.7M worth to UFO?
I'm aquiring when I can. Holding. It's a punt, gamble... What share isn't?
If I lose the lot I'll be disappointed. The potential is good and I'm not worried.
I've gambled on various shares from the 100 & 250 in the last year and learnt a lot.
I even foolishly bought into hype... But also into others doubt and made a little.
I'm holding till whenever I feel like, it's a moving target. I think I'll make good money here... Eventually.
Your 38p buy is now looking a bit on the high side...
I'm not an experienced trader or an investor. I do find it amusing when everyone gives their opinion on what makes you successful and how this is achieved. It's all very easy in hindsight. If your method works or has continued to work then good for. I honestly wish you all the best.
Limiting risk, research and luck are all factors. Stocks and shares are gambling. You may be able to narrow the odds, but you can't control the outcome.
I've made money, lost money, got out too early, got in too late. I'm in, holding, still aquiring. If I lose money more fool me. I've not got sufficient knowledge or 'contacts' to do anything other than trust my judgement.
If I pull out at a loss or in profit then so be it. Good luck to everyone.
I would actually go and work digging it out by hand if required.
Easy way for a visa for Australia. The boost in SP would be like a signing on bonus.
Not shy of manual labour and I'm young enough to be useful.