The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
What a mess investing in this stock. I took a £3k hit this morning and moved over to #CPX to recoup my losses.
#CPX was trading high at 0.39p just a couple of hours ago, and now you can pick it up for under 0.25p.
There's a gap to fill at 0.40, and some say it might reach 1p.
Should I buy back since it dropped from its morning high of 80% to under 20%? I can't believe PIs paid 0.39 just a couple of hours ago, and now you can pick it up for under 0.25.
The company's financial health:
Key Points
🟢 Successful Refinancing: Aston Martin Lagonda has secured £1.15 billion in refinancing. This breaks down to $960 million in Senior Secured Notes due in 2029 and £400 million of similarly structured notes.
🟢 Strengthening Financial Position: The goal of the refinancing is to bolster Aston Martin Lagonda's balance sheet and provide financial stability.
🟢 Long-Term Support: Increased liquidity will fuel the company's ongoing growth strategy.
Upgraded Credit Rating: The refinancing exercise has been accompanied by an upgrade from credit agencies, suggesting improved financial strength.
🟢 Retiring Existing Debt: Proceeds will be used to pay off existing debt, including senior secured notes and second lien split coupon notes. Some of the money will also cover transaction fees.
What this means for investors and the company
🟢 Reduced Financial Risk: Existing debt will be replaced, and Aston Martin will possess increased liquidity, leading to a less risky proposition for investors.
🟢 Confidence in Strategy: Market interest (shown by the successful fundraising) and credit agency upgrades suggest confidence in Aston Martin's direction.
🟢 Focus on Growth: With financial matters settled, the company can fully commit to its brand development and product release plans.
Quote from Lawrence Stroll
Executive Chairman Lawrence Stroll emphasized the connection between the refinancing and Aston Martin's revitalized brand and product line. He positions the refinancing as a step towards achieving their financial goals.
If anyone wants to make serious money, then just buy and hold for the upcoming JV news.
https://www.youtube.com/watch?feature=shared&v=OLtoKpXsJoU&ab_channel=LondonSouthEast
Helium discovery in Tanzania: Helium One Global discovered a 4.7% helium concentration in the Rukwa Rift Basin, marking a significant breakthrough. This concentration is nearly 9,000 times above background levels.
➡️ Economic potential:
This discovery could position Tanzania as a major helium supplier, joining the few countries currently dominating the market. Helium is crucial for various applications, including medical equipment, electronics, and space exploration.
➡️ Helium One Global holds prospecting licences totalling more than 2,965 Kilometres Square across three distinct project areas which are Rukwa, Balangida, and Eyasi located within rift basins in the north and south-west of Tanzania.
➡️ The Company’s flagship Rukwa Project is located within the Rukwa Rift Basin covering 1,900 kilometre square in the south-west.
➡️ Today, helium is pro- duced primarily in just four countries including in the United States of America (USA), Qatar, Algeria and Russia, whereby limited number of suppliers result into an increase in demand and its price worldwide.
➡️ According to the African Union report, the continent has 30 per cent of the world’s mineral reserves with 91 per cent of platinum and hence it is up to all countries to harness the resource for the continent’s socioeco nomic transformation.
➡️ Government support:
The Tanzanian government is committed to supporting exploration for critical minerals like helium, which aligns with their clean energy transition goals.
➡️ Investment opportunities:
The discovery opens investment opportunities for establishing processing facilities and manufacturing industries using helium in Tanzania.
Key points:
🟢 This discovery could significantly impact the global helium market.
🟢 Tanzania has the potential to become a major helium supplier.
🟢 Further exploration and development are needed to assess the full potential of the reserves.
🟢 The government and private sector are collaborating to exploit this resource responsibly.
MAJWandCo, I held #NNN stock during the peak COVID period and made a significant amount of money, similar to NCYT and other COVID-related stocks. However, Trevor Brown seems to have inflated the stock price through paid media coverage and sold off Braveheart holdings, similar to what happened with #RCGH. This tactic, which also involved getting Dr. Cave for TV appearances and ordering unnecessary mask production machines, is a red flag. Luckily, I escaped with a 50% loss before the collapse. The moral of the story: Always have an entry and exit strategy.
By the way, I just bought 10k worth of shares here. Let's see how far this will bounce back to the 70s or more.
Sharebel, I don't like short sellers or short selling. The point I'm making is that he called a couple of stocks that I was invested in. He was right, and he did short them. Then again, it's always a gamble. Sometimes when investing in any stocks, we need to have a balanced approach. Maybe he will be proven wrong when the offer or bid arrives and the stock is worth over 150p.