The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Day traders have disappeared and I suspect the majority on here are mid-long term holders (like myself) waiting for news. Once this starts to move up, I'm sure the traders will return. Good to see there is a buyer (or buyers) in the background though.
Newmont bought in at a premium which seemed cheap at the time! OMI is now valued at just under £4M and I see this not changing until drilling has started at Anzá. I would happily accept a buyout where shareholders are given £1 per share!
Yeah it really is dragging on and on. I get the impression Newmont will take as long as possible to progress this. I know they are binded by a contract with OMI but I hope they don't lose interest and walk away just like they did with GGP. I do wish we had another major instead of Newmont. I'm continuing to hold until we know what's going on.
Webbs, I agree that it's good to buy in as low as possible. In hindsight, I would have done it as well but AIM is really unpredictable. News may come before or after the court case settlement. Eitherway, Newmont has an interest in Anzá and the sp was much higher before Newmont came on board. There's no reason why it can't spike at 15p or higher again.
Yep, the sp held up quite well. Hopefully it continues to increase from now until 25th June in anticipation of good results.
Fairly biggish sell at 15:01:12 (32k shares) is probably profit takers. Would be nice to see a nice & steady rise leading up to the results.
The BOD is doing absolutely nothing to restore the sentiment. I've not seen any TR1 forms so I'm assuming the recent sells are from private investors (I could be wrong though). There may also be a few panic sells but I'm sure we'll see some buys trickle through. Surely we've gone into oversold territory now? Never thought we'd be this low. Nothing has changed (except the sentiment) since Newmont came on board. I see no reason why this won't recover on good news.
Vicjain, I also got stung by ggp and thought it was game over once Newmont left. I just hope this share is different. I'm also invested in Lionsgold/Tally and have to admit that they are much worse than OMI in communicating and meeting deadlines. Don't trust the management there one bit. AIM stocks carry higher risk but then you could easily be stung by a bigger FTSE 100 company (look at BT for instance). I invested in them 3 years ago and have a paper loss of nearly 50%! Good luck to everyone invested here and waiting patiently. I really do hope we get some good news.
It's nice to see the odd 100k buy, but it's still not enough to turn this around. Until we have some good news, I see this drifting further downwards. Wish I didn't bother top up last week. Silly of me to think 3p was a bargain price.