The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Not just Castings.
I'm following a number of heavy engineering/ Foundries on LinkedIn, and there seems to be solid demand out there for cast product.
With regards to CMH you couldn't buy a tenth of their kit at the current market cap.
On a separate note, it looks like CMH has been working with an outfit called Castrads (may be an ongoing relationship - not sure). Their CEO Nick Bayliss will be in NY on the 24th of October, at the General Society of Mechanics and Tradesman discussing the journey of onshoring and bringing the production of Cast Iron Radiators back to the UK.
https://www.castrads.com/uk/our-story/
Looks like an interesting outfit, producing High-End Cast Radiators.
Source - Linkedin.
They're different entities Dartron.
I have to say though that Ana looks a formidable Woman with an incredible background.
William Black is the chap behind the Isle of Man based outfit Armstrong Investments. However, information on the Fund is virtually non - existent, except from some RNS News on other holdings that they hold, or have been involved with.
I did spot that they had taken a position in Carclo over the past Year or so, which are another Engineering outfit that are hopefully being nursed back to health.
This company is a joke.
Apparent front running of placing, FD resignation, and the share price decimated, while being told everything is on track.
Oh, and let's not forget the ridiculous financial packages that are being collected.
All this excitement about the letter of intent for the above companies.
I was just looking at EUDA - they're pretty small in size - circa $40m Mkt Cap and then we have TheoremRx who seem to have a registered office in an apartment block in NY City.
It's hardly a Blockbuster deal if it went through.
Also, we signed a letter of intent in Sep 21 - nothing has happened since has it?
With Biotech on the push right now, and talk of the market awash with cash for deals, why can't our partners get it away?
Why do Euda and TheoremRx want to merge in the first place?
Castings Trading update - positive read through.
Interesting to note they are looking for extra capacity.
https://www.lse.co.uk/rns/CGS/trading-update-and-notice-of-results-zm8q37wr1po53yv.html
Evening Dartron
I think the big thing with smaller companies on Aim is the cost of keeping the market up to speed with contracts etc. So unless they land a significant deal, it'll be business as usual.
I do agree its been incredibly frustrating, especially with so little trade going through. Though I could say the same of a decent number of companies in my smaller portfolio that currently resembles Roadkill.
It is a proper company at the end of the day - would be a great shame if they can't make it happen.