The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
"We’ve also got a couple firms shorting us. Ones prospectus stated they targeted firms with high PI interest with unrealistic expectations. "
They've probably been on Rog and Lee's Telefram group, where people are not selling for less thsn £40 a share lol
Boonco it won't take is much to get to £3 a share or £500m mcap, as we need this just to catchup with our peers. However to even bag again from those levels will need serious results, which will take years not months. If given the option to take £3 now or POTENTIALLY £5-£8 in 3-5 years which is realistically going to the top end of any buyout taking into account any further dilution, then taking the cash now is a no brainer. You say dilution is not a bad thing, but pre Blautix we were trading at £1.80 or £232m mcap, today that is equal to £1.28. If we went back up to £232m tommorow all LTHs will be a wopping 52p a share worst off than last year, regardless of the fact of their entry was lower than the £1.10 placing. You need to take this into account, rather than looking at a larger mcap upon sale. It doesn't make sense if you're going to end up less per share, regardless of higher price in 3-5 years.
Also is it really worth holding another 5 years for an extra 100% or so gain?? You also have to factor in the risks of holding (sector crash, market sentiment, bad trial results) all of which we have seen this year, plus the opportunity cost of cash tied up.
If you take your gains elsewhere and compound 50-100% every year, it leaves your pot much higher than any potential exit at 4D anyway. This is't going to hit the crazy highs like some of you believe, it will get taken out way before then. As has already been said many times the current investors will never see the full upside of this, as the likes of Merck will have ling taken it out whilst it's cheap.
Agree Porky don't see £3 a share in the medium being turned down by many, it's realistic, achievable and sensible. Much rather take the cash and move on, life is too short to be fretting about one share. There are some delusionisit though expecting £40+ a share lol...
Boonco it might be a steal, but 5x the current SP. Most would accept an such an offer, rather than hang on and be diluted for a few more years. The sensible money will take the offer and invest elsewhere.
"Porky - my only concern with SP going down due to seller offloading is that someone (like a big pharma, i assume there are at the very least a few interested) might make a £500m offer for the company and scared PIs decide to take 5X and run :) Need to check most up to date ownership structure and see if that is even possible?"
And how is that a bad thing? That's £3 a share which i think would be a good result for evryone. Let's not get too carried away with Tesla comparisons, as that is just a load of nonsense.
No he's reducing to make s profit as Porky says. Probably underwhelmed by the performance to date on NASDAQ, and thought it would fly there just like many. Not helped by these delays. These guys to get good news out soon, as all we've had this year are delays and conferences.
0518 readout will be here very soon, as per latest presentation. I agree on Asthma being overdue, looking likely next week.
Sang I did say it was not the news we were expecting, vut not sure why you need to lsbor tge point continously. Yes we were all expecting a Blautix strategy and not FDA delay RNS, but you keep banging on about how Blautix is low priority for the company, so why does it bother you so much?
We are due another 4 Catalysts in the next 3-4 weeks, which will give a better indication on how things are progressing elsewhere. Couldn't care less about Blautix.
Because yiu are deramping Sang, trying your best to get back to your buy in price
Sang there are other catalysts due, why are you deramping just because you sold lol. Agree not the news we were hoping for with regards to the FDA, bit it's moving in the right direction. I'm confident the other catalysts will be positive.
Bruno the dog, i haven't vanished i'm still here. I've broken evennow, but still haven't changed my view on Budd until i see sales. In the mesntime carry on barking little doggy
Enjoy the time off Porky :)
Porky i share the same sentiment as you, I am bullish on the company prospects long term, but not neccassirly happy with the silence. Don't forget the data we are expecting was due back in July/August, so I see no why reason at least the Asthma data hadn't been delievered by now. Anyway not much left of Q4, so they need to pull their finger out sooner rather than later. I'd expect a minium £2 for any takeover right now.
This is a poor show from management team. I'm sure even the derampers on here didn't think silence would continue for this long. Nearly at the end of Q4 and they've not even released a single RNS. That's disrespectful and rude.
Stick to driving yiur little Uber you fool pmsl
V1111JAS don't't embarass yourself. One only has to look at your posting history from 2019/2020, to see how you slated anyone that had a bearish view. For the record i was an investor back in 2019 and used to read in this forum, but not posts due to the lack of an account. I remember your posts very well. Name calling and abusing "derampers", whilst sucking up to AJW and praising him for his "indepth research" lol. I cut my losses after i saw the deliberate lies and manipulation from the BOD and posters on this board. I remember Bedex was one such poster warning how this would end badly, and i think many people owe him an apology. Sea7 has dissappeared along with AJW, and openly admitted he was trading this share whilst in full on ramp mode.
Chesh interim accounts don't show where exactly the money has gone you clow n, do they? Do you think the concert party wanted a forensic investigation to burn thrir cash for fun, if they could have got the data from interim accounts. A poor attempt at ramping pmsl
It's funny the likes of V111JAS and ScoobyRex were abusing anyone that dared suggest anything negative for the last 2 years, supporting AJW's ramping campaign, and now they want to kick the day lights out of PH and windrring where the messiah is gone? Isn't that ironic.
It should be a lesson to those of you that followed these ramps blindly, and ignored anything said by the so called "share pee take" mob. The writing has been on the wall for at least 2 years, and more recently when the BOD refused to have a forensic investigation into the accounts.
How's your "£4 today" going at NCYT you muppet? Let's see where this share is at Xmas shall we, it will be alot higher than 70p for sure. Adios loser.
Robins i'm sure most us were expecting to have recieved one RNS by now, so it's beyond belief we still have the silence. On the positive side though the company have confirned Q4 on multiple occasions, so expect the RNSs to arrive like a train soon. The benefit of recieving them in quick succession is the gains to the SP will build and compound quickly. Yes i feel sorry for the long term holders, who have been waiting all year for the news to arrive. Management need to be careful with guidances.