The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Taken another 6000 shares. I bet the SP will drop now. :-)
As I said earlier, I think there's another whopper of a trade to close. We shall see it later today, followed by a TR1. A price close to 20 or above it will indicate it's a buy. (A sell would have been used by the MM's to drive the price up rather than down.) Patience is required; we'll celebrate later this week.
"But what i want to know is, what needs to happen to get it back into the 30's?"
Shortage of gas?
Must be a buy, probably placed yesterday morning, so that the MM's took the price much lower to fill it. I wonder whether there's another late print coming. We'll see on Monday. A TR1 is due, that's sure
I forgot to add that the 10m buy was mine...
Not sure I can safely post again. :-) I think we'll be laughing all the way to the bank next week though!
Builder,
I'm really sorry that this investment hasn't worked out as expected (so far). I'm in the same boat: I got in at 25.60p on Tuesday and I'm nursing a hefty loss. You may think I'm one of those people who tell others to buy something while they sell on a spike. Never done that, and never will. I get carried away with enthusiasm, that is true. I'm probably too naïve for this business.
If you think that I'm such a bad predictor, use it to your advantage and do the exact opposite of what I suggest: sell when I'm enthusiastic and buy when I'm negative.
I believe this share will come good and bring a nice profit, especially to those who managed to get in around 17-18p. Only time will tell. I doubt though that you'll be polite enough to come back when it's recovered to say sorry for calling me "scum". People are very quick with judgement but don't spend time researching a share before committing their money.
ATB, and peace and love!
EP
No-one forces you to do it; just filter me.
Still here but I have other stuff to do. Watching the SP at these levels isn't good for anyone's health.
ATB
EP
C'mon!
17.65p as we speak.
Obvious manipulation: as soon as buys start flooding in,va small AT trade brings the price down and the spread opens.
who got in below 17p?
Could go negative, if you believe some people...
I think the MM's sold too many shares at higher levels and have had to claw them back somehow; hence the drop. We're going to see delayed trades from Monday after hours today.
IGas Energy PLC - Lincoln-based oil and gas producer - Pretax loss narrows to GBP14.2 million in six months to June 30 from GBP38.1 million a year prior, revenue grows to GBP16.6 million from GBP10.5 million. Net production averaged 2,005 barrels of oil equivalent per day in first-half, up from 1,940 year-on-year. Says without impact of Covid-19, production in first-half would have been 2,185 boepd. Full year net production is forecast at 2,000 boepd. Declares no interim dividend.
Signs memorandum of understanding with SSE Heat Networks Ltd for a geothermal district heating project in Stoke-on-Trent, Staffordshire as part of geothermal strategy, but awaits government support. "We believe there is significant commercial potential for geothermal energy production and the development of localised hybrid energy systems generating both heat and power," says Chief Executive Stephen Bowler.
No interest at these levels. The MM's will have to take it much higher to generate some action.
Jolly speculation. 90p.
The churn is about to finish. Onwards and upwards from here!
Enjoy your lunch.
Also, it's "you're", not "your" when you want to say "you are".