The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Professional
How do you get to only £5million left.
I have no concrete idea of the wage bill but I would guess £3million or slighly higher. Add on general running costs and expenses. There has been no trial costs (apart from Universal and Sng nursing help). There has been no drug stockpiling costs as far as we know as they had them in stock.
So my guesstimate is much, much higher than £5million left. If you are going to come out with such estimates at least try to put some substance behind it.
Your target of £1 is also mine.
I massively averaged down when the price was 7p to 15p. I could not believe how many shares I got for such a low investment.
My average is now around 67p. I would be happy with breakeven but my expectation if/when we get on a Phase 3 trial is a price closer to £1. I want out at this level as even when we do get on a Phase 3 it could take upto 2 years for the trial and then commercialisation . I think that is too long to wait but thats only my personal investment decision for my circumstances. I am optimistic for the short term future. The trolls and troublemakers think it is only them who are annoyed with how things have progressed. But for myself there is no point being negative all the time as it really is no good for your mental health. My glass is half full and always has been.
Macosta
You keep saying you expect nothing.
So I presume you have sold your 500k shares. If you have not sold then you only have yourself to blame. Stop blaming others for yourself making wrong investment decisions!!!
Might be time to give up on this bb and leave it to the trolls, crazy people and the downright abusive ones who some of them have threatened others with veiled violence or sexual assaults.
The fact that the number one troll Macosta is getting sympathy is beyond believe. He does not own 500k shares and is here just to stir up trouble.
Ghia
It is not as simple as you make out.
IMHO the trolls and troublemakers need to be challenged at certain times. Yes this is what they crave but if they are not challenged then this bb would just look like a place for insane rants with the traders deramping more and more.