The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Apologies for the off topic comment however I believe there is some relevance with regards to the RNS that AMER put out today regarding their farm out. It seems a lot of people are a bit surprised by the lack of movement in the share price. Whilst I appreciate it can't be compared due to differences in asset etc, it was a farmout for 93.25m usd which includes a 2 year exploration and appraisal program along with funding seisimic and 100% of the planned drilling. I hold no shares in AMER but am also surprised that it has not seen a good rise (only 25% ish) as I am of the view that if we do get a successful deal we should see a decent appreciation in our share price (multiples of where we are)
Mengo?? Do you mean R1/R2?
Good to hear, we're just starting to enter the fun bit. All the waiting will pay off. Just remind yourself of the recent success rate on conventional drills based on 3d. We'll be smiling soon, hang in there
WAaussie, was around where you are now in March. What a fantastic part of the world :)
Sadly I can't claim those :)
Here's the link https://www.freshequities.com/c/ASX-88E/c43be662-e2e4-11e8-a61d-0242ac110007/88-energy-limited-launches-$10m-capital-raise Apparently 0 to 10 million aud at 1.8c, 25% discount to last trade price of 2.4c. bidding closes in 22 hours. Link taken from hot copper poster Stesley.
Can only be a good sign :)
Anyone looking to buy on the ASX to take advantage of the difference?
Thanks 128064, I tip my hat to your fantastic trade. You must have made a packet. Must have been worth your non stop deramping and spamming of the board. I actually chose to do the same thing as you and sell a quarter but am still patiently waiting to buy back as sadly, I can't commit any further funds. However, i haven't taken the underhanded and downright unethical approach you have to achieve my buy in. We shall see if it comes, if not no biggie.
Haha, he sold out for a small loss, then bought back in at the rights price. Sounds like he doesn't have a clue but then what do i know.
Watch the snake slither, just don't get bitten :)
I'd had enough after 2 days so as always, credit to you guys who fight the good fight! 1.0 or 0.9 really doesn't make much difference. Certainly not worth the effort some are going to :)
Brom you do have quite the fan club? I wonder why...!
All fun and games as usual. Aim is definitely not for the thin skinned and easily upset
Carry on as you were :)
I'm not sure but i think you may have posted that before?
Just the once? I'll have to check...
They're all out at the moment!
Haha jaffas, aside from Neil you're the most neurotic on here!
Haha, are you serious?! Quote: ' I can't be bothered to go back through RNS.....' Ok then.... Good luck gambling:)
Did anyone have any idea how long it normally takes to hear from your broker regarding the rights issue? Mine responded saying they will email when they are notified...
Simple question for you 128064:
Why do you take joy in knowing someone's shares are down?
It has no bearing on you whatsoever and reeks of immaturity, insecurity low self esteem. Perhaps you can continue your obsession with several posters elsewhere as I'm sure others are also very tired of your baiting and point scoring
Tokyo, being hit by typhoon trami! Needless to say plenty of rain and powerful gusts!
It's hard to understand why people care so much on an anonymous message board whether they are 'right' or 'wrong' or who 'said what'? Everyone who is invested is here to make money. The tit for tat is just attention seeking and noise to most of us. The share price will do its thing irrelevant of what is posted. As WAussie said, the company will get on with what it does irrelevant of how often 128064 posts.
Personally very happy with today's RNS' and happy to wait as long as it takes for the conventional farmout to be completed. It's fairly simple for me: highest oil price in 4 years hit today, massive acreage with 3d already showing 1.75 billion barrels and potential tier 1 companies looking at our data. It's been a long time waiting but I feel it's about to change fairly soon. As always good luck all holders
128064