The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I tend to think the company has dealt with this difficult period as well as it could and we are approaching IMO the point where most of the impact and threats have been addressed. I'm ready for this SP to be in a period of stagnation for a while but I feel we are almost at a point where all the bad news is on the table and with the recovery not being a fast one I feel the bad sentiment is bottoming out. Some media outlets will try their best to find negative spins but I'm comfortable with how it is panning out, faster would be nicer of course but realistically it's ok
Arsenal 17. Cheers mate good luck to you too. For sure info always best from the horses mouth too much BS noise about these days. Also I'm happy for the company seems to have largely mitigated the job losses for this year on VS and backfilling so good news there. Fingers crossed for next year round 2 losses.
Yes I tend to agree he has been listening to his analysts and is contemplating taking appropriate measures as he sees it. Mr East did say IF and WHEN so always possible he may just pencil a plan at the ready and see if it's needed later. We will see. And I agree very clumsy RNS scenario
When you look at the £7+bn they have access to and the fact of flying hours are increasing and the cost savings and and furlough savings it does seem to be way too early to be talking of a rights issue when you do your sums the cash burn isn't this fast. I get the feeling Mr East is getting carried away here and doing more than is needed too early. But then God knows what he's upto he could cut R&D investment first but I think he wants to protect all that and take liberties with the shareholder instead maybe... Nice.
Including LongHaul https://news.sky.com/story/coronavirus-full-list-of-countries-exempt-from-covid-19-travel-quarantine-revealed-12020243
This will help a lot, even some long haul in there too. https://www.mirror.co.uk/travel/news/breaking-air-bridges-abandoned-quarantine-22288029