The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
@Lordof Burnley - Not so easy to do when the value of those assets is likely inflated to suit regulatory covenants. Actually realising that value on an open market basis is probably impossible. I regretted selling Ariana shortly after Covid hit when the price plummeted to around 2.5p when I sold. Now, it appears I was lucky.
. . .a good price to get out of this dog. More waits and delays in that RNS. Only “going to committee” this month (which will spill into next month as we all know) and then deliberations, questions, uncertainty etc etc until financial arrangements are expired, deadlines missed and it all collapses and everyone walks away, leaving the punters (that’s you by the way) fleeced of their hard earned. THIS. IS. NEVER. GETTING. OFF. THE. GROUND.
not sure about spr delaying funds to allow others to buy in cheap. there haven’t been any tr-1’s stating increased shareholdings, nor has there been evidence of large volume through the trade register. of course the price looks very cheap now, but who’s gonna risk their cold hard cash, when the company itself says it may be ceasing operations!!
all this against a backdrop of increasing vanadium prices, we have the best grades in the world, and increasing interest in vanadium storage batteries - what a monumental ****-up.
I’m afraid you’re either deluded,, wildly optimistic, of just dont want to accept the fact you’re being shafted - any one of which is fine by the way. . . . Just dont try to convince others that this project will successfully launch, that just wouldn’t be fair. This is the classic AIM delay, delay, delay, provide the punters with a bit of hope whilst not committing to anything, line my own pockets, then POP and ride off into the sunset with a bag full of shareholder wonga.
Run to the hills with what you can get for your shares. Harry is taking you all for mugs. This is NEVER getting off the ground. Delay, delay, delay , fund raise, delay , delay - then a surprise RNS which will say “We tried our best but ultimately couldn’t secure funding” All in the best interests of our loyal shareholders - of course!! Ha ha!!!
as i’ve stated. (and been mocked for many times), this project is never getting off the ground. it’s time to run for the hills when **** weak delay excuses are the order of the day. believe me, or dont if you wish not to, but i know about business; if the parties involved in this wanted it to go ahead - it would have done so by now. this is a classic case of one side checking all their legal positions for when they pull the plug, and the company itself, while suspecting something is wrong, figuring out how to hold on their position, while still looking plausible. for sure, everyone in the company (there wont be very many) are looking for new jobs right now! . . . read it here - run for the hills!! all in my opinion of course and dyor
Please see an excerpt from a post written last week
“ This thing will never, ever get off the ground - as much as I’d love it to. I hold a lot of shares which used to be worth quite a bit - I just use them as validity to come on to this board. Once we’re told of “timeline extensions” and “legal department sign off” delays, that’s the time to run for the hills with whatever you can get for your shares.”
Thank you and goodnight - I’m selling today and out of here. Good luck all.
“More important to get them up and running in the short term.”
Sixnoughts - it’s never going to happen, short, medium or long term. To my cost, this is a playbook that’s actioned time and time again with African explorer companies who see the UK investor base as a place to get free money - for them its just a case of how long you can string the story out for before you get rumbled.
This thing will never, ever get off the ground - as much as I’d love it to. I hold a lot of shares which used to be worth quite a bit - I just use them as validity to come on to this board. Once we’re told of “timeline extensions” and “legal department sign off” delays, that’s the time to run for the hills with whatever you can get for your shares. However, while there is still a small glow in the dying embers of this dog of a share, I’ll keep my seat tickets at this pantomime.
All these American banks being ”rescued” is a fallacy. The knights in shining armour are inheriting toxic debt. It’s only going to take one of these (larger bank) rescuers to fall foul and my goodness the banking sector will get spanked over here. More than happy to keep my powder dry from the banking sector for now. Sub 40p looks on the cards. if you have a look at the long term charts - Lloyds has spent as much time under 50p as it has over 50p in the last 5 years.
It’s an article, expressing an opinion. How can that be fake? It’s not like the author is telling everyone to buy at up to 50p and wait for £1. His opinion is that if you buy at anything up to 9p, you might be able to seriously multibag based on unrealised value in the carbon credits. Hardly an outlandish claim, and if it’s bringing attention to the company - all fine by me. Please write more articles.
Don’t get excited - this is just a precursor bit of manipulation before hey release an RNS advising of a further placing. They need the share price to jump a bit, so they can legitimately get the placing away at “a discount to the last 12 days average price”. One of the oldest tricks in the book. Watch and learn, I’ve been doing that since this lot got me excited about selling melons to the domestic hotels market. . . . I now keep the shares almost as a source of amusement!