The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Geng, this is not a normal situation we're in currently and so the charts will not tell you much. In fact the SP action is telling us something more.
The risk has just gone up astronomically. Furthermore, as a side note, professional traders only use charts at the latter stages of their systemic processes when they've decided to deploy capital to a trade/investing position. (If charting was the be all and end all, they too would be using them but clearly they don't and for good reasons).
Did you see 1.6p coming? Of course not but that's where we are. In fact I saw you wrote a few days ago "AMC's chart is just falling to where natural worst case support is probably around 2.1p and on relatively low volume - Guess who benefits most from this?"
That didn't work out too well.
Either way GL with your punt here.
"The deal in most certainly on and we have at least 400% upside as a minimum. Not much downside really"
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Where do these posters come from...so much nonsense written that their predictions are so good that the complete opposite happens (like the guy above posting on 20.2.22 "Taking us back above 14 pence for starters. Thats`s at least a 40% rise sometime next week or so. "
LTHs know AMC is not an easy ride and only live in hope. The Russian crises has now diminished that hope even more.
The market doesn't like what they're seeing, otherwise SP would have stabilised..If the Ni project does get sold 'as it is' (i.e. without road financing, TEO approval etc) the price will be much lower than indicated IMO.
Not many companies have the capital to complete the project and able to stay in Russia (many western companies are told to pull out and so perhaps the current situation may continue for much longer than most expect).
AMC is not in a good negotiating position and so apart from selling out at a silly price, they can also just continue as before as they have enough cash to get TEO approved and sell at a later date for a greater value.
This stock has turned into a punt (sadly).
“The only benefit IMO is that they are seen to be more aligned with shareholders therefore less likely to do things like fundraises at discounts, which we know Orph won't be doing.”
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Or another benefit is that it’s less likely to sell the company with lucrative assets (Eg Imutex) on less than favourable terms (ultimately shafting PIs).
If ORPH ends up being sold without spinning out Imutex, any premium to MCap at time of deal is unlikely to reflect proper market value of the 49% interest.
Always good to stand back and see the wider picture. WWIII will never happen but there is a spiritual/information war happening on the planet. Humanity is at a crossroads with regard to it’s state of consciousness, that’s what this is ultimately about.
The real powers that control this planet need to keep orchestrating events to put enough fear into enough people to accept a communist style world with a central power base i.e. a one world Gov. Very dark indeed but it is what it is.
So don’t be fooled by the idea US v China/Russia as they’re all as bad as each other. In the words of John Lennon “violence begets violence, you know. And you can't kill off all the violent people or all the murderers. We'd have to kill off the government.”
So better to realise instead what’s happening here in the West that doesn’t get much MSM coverage - for example, Trudeau turning Canada into a totalitarian state by introducing “Emergency laws” going against the constitution and the Canadian people’s rights to protest - Canadian Freedom Convoy is about truckers and farmers who (vaxxed or not) united based on courage and love to uphold our human right to bodily autonomy, saying no to vax mandates as enough is enough. Inspiring to see and hope more of us can wise up to stop being divided by politics and MSM manipulation and instead become the change we want to see in the world.
..due any day now. Boring, I know but that's one RNS we can all reply upon.
Let's see at what SP Mercator converted this month...that will indicate where the SP goes to next (more drops expected in the absence of proper catalyst). Stay well folks.
"Well let's see, I'm no ramper"
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GM, you need to review your postings again...you may hold the shares you say but it's statements like that that show me you are either a typical unconscious PI, or are simply...well, how can I put it...ramping.
"The Company is working".
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Totally agree and you've summarised many background activities not signed off...but even since the "much work to be done" comment by CFO, Amy Benning in September or so, they've surely had enough time to shows us that IM is at least starting to happen (even if initial IM numbers disappointed) - it would certainly put more people's minds at rest.
If that's the case, fair enough. I assure you I am not jealous. I too hold a quite a few myself but we all have fairly high averages compared to how low the SP is now and will need major unexpected news to even break 0.4p-0.5p this year (let alone a SP in the pennies). GLA.
"LOL Shallowed - you want my bank details and identity, too? I'm clearly down so you want to rub it in like a complete @ rse HOLE. You are an idiot of the highest order."
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Now, now GM, take it easy...I thought you didn't care what the SP was doing, since you say you keep on buying and can hold for more years predicting 10p+ (or whatever nonsense you wrote) and by your admission you think de-rampers are responsible for the downward trend in SP (clearly not) and so you should thank them.
You clearly don't have a clue and if anyone is talking out their @rse, it is obvious who it is. Like I said, you are totally disingenuous and so can only resort to verbal abuse.
We are all down heavily because we got in too early at too high a price and now we pay the price or the delays. We live and learn from this experience.
I still think SYME will come good eventually but they need to start releasing those catalysts. GL genuine holders.
Brass, you’re one of the more genuine posters and you talk sense (unlike a few others here that main endless supply of cash buying every month but not prepared to disclose average SP - says it all. GL with your own trading/investment strategy - you were right to call the SP going lower all that time ago. Hopefully we’re getting close to the bottom, as I’d be surprised if they don’t release some updates after such a long period of silence.
“Why would I disclose anything so that de-rampers can just talk she-ite about me?”
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LOL thought as much…happy to disclose when buying but not you’re average SP. Proves how genuine (disingenuous) you are. Has nothing to do with derampers.
“sales growth in the past 3 years, going from £4 million to £40 million plus under CF’s stewardship.”
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You’re stating the obvious as to what happened and hence why SP went from 6p to 40p high but now ORPH have stable revenues at around £50m pa.
SP now halved to around 20p fair value and PI ain’t ever going to see those highs again IMO. It is what it is.
“All the spin outs are a poisoned chalice, all they seem do is distract or in the case of POLB, contribute to decimating the share price of ORPH. “
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It’s unbelievable how unconscious PIs are easily manipulated….it’s the spin outs that allowed ORPH to release value that would otherwise be unobtainable v just holding the interest in non-core assets on it’s Balance Sheet and hence provided trading opportunities even to PIs to make some money - now that door is shut for what would have been the most profitable spin off (i.e. 49% stake in IMUTEX).
I believe it’s beyond CF’s control to spin out the most valuable business and so PIs will never get the true worth of that 49% interest - currently SP is in a trading range as ORPH is fairly valued at 3X annual revenue.
So in the absence of T/O (at a typical premium) or higher annual revenues it is safe to say there are no catalysts left to increase the SP.
….once the deals are done.
This is a painful waiting period for all who can’t get out of the stock at these prices and the fact we’re in the dark about the ‘revised strategy’ we’re told will be released in April doesn’t help matters.
SYME haven’t released news for a longer period than has historically been the case but it doesn’t necessarily have to bad given all the background activities that we’re told are still ongoing.
They will start releasing news once deals are being closed (perhaps on multiple fronts) and not before.
Is it all part of the change in approach to ‘under-promise and over-deliver’? They’ll be judged on that once they give us updates.
Meanwhile, I do understand it’s not good for the state of typical PI psychology but unless you break your own cycle and learn the professional systematic approach to trading/investing, then it is what it is - a high risk play and could lose most of your capital becoming part of the 90:90:90 rule.
I see SYME being the exception to the rule. GLA!