The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Here is my prediction. A work in progress financing deal which the markets will find agreeable will soon be announced, as the need for additional funding would have been realised weeks ago. 7.30AM RNS results in an immediate jump in price, back above 0.5p. How many times have we seen this happen with AIM stocks, people left kicking themselves for selling.
I think there is a fair chance that the money needed to progress the company is already sorted, if not very nearly so. The boss will have known before the end of March that production was not where he hoped it would be and would have already started number crunching. No doubt the best way of raising funds would have been decided weeks ago, therefore I would expect an RNS very soon to inform us of the chosen fund raising path. As many have stated, this is an experienced gaffer, well connected and incentivised, the funding is a short term issue leading to profitability. Cheers all
Re Jank69, the one hit wonders have arrived
The 0.544`s are buys, they were below the mid point of the bid and buy price, happens all the time, its just how its recorded. Cheers
The current SP is sitting slap bang between the 200 day SMA and 200 day WMA, where it should be after a more gradually decline over the last year, rather than the off the cliff falls its suffered and then a rebound, so its hardly over valued at a tad under 0.6p. I really cannot see why a 20 % drop should occur, unless the MM`s start going fishing of course. Cheers all.
Just out of interest, I actually dreamed that I got an email re an RNS on my phone and it was to show a formal offer for EUA, it was something like £1.45 a share, I do not know the exact nature of the offer, but I was kicking myself because I had just sold some to buy another potential bagger. This was the other night, not a joke it really happened. Sorry it was only £1.45, but compared to most of my weird dreams this was actually quite realistic. Here`s hoping. GLA
Perhaps that explains the 4 shares being bought??, just hope we don`t start to see the hundreds of tiny trades every day that occur on other AIM stocks . Cheers all
Provided a nice little fishing trip for the astute investor, GLA
Given the need to secure a long term stable supply of our in demand precious metals, is it possible that such companys as VW, BMW, MERCEDES, FORD, VOLVO or other such automotive giants might be involved in a consortium, especially given how some are stating that much of their production will switch to hybrid or all electric in the near future. Cheers
Fortnef, some friendly advice, I see you are asking questions on other BB`S, it sounds like you are where I was some years ago, I suggest you get some good reading material and learn a few basics about trading shares and things such as terminology. If you do you might not make the massive mistakes I made that can cost you a lot of money. ATB
A few will have come down to breakfast to discover their shares were sold, how many times have we seen this on AIM stocks, as others have stated, be careful with stop losses, GLA
And some still believe there is no such thing as market manipulation!!, how can this drop be justified??
Corniche!!!. Right first time, Cornish is the Rolls Royce of BB contributors, not often you get someone with an actual background in mining on here. Cheers all
With the US`s awful ancient electricity grid and overhead power lines, frequently downed in some parts by bad weather, I dont blame them for wanting to keep their IC powered cars, many of which are no longer gas guzzlers, you see a lot of Mondeo sized vehicles now. Hybrids are the future
A sensible slowing down occurring after the dramatic rises, a roughly 4% increase in price each day since last Friday (very agreeable) gives us a high today of around 0.56, I think some (including myself) got a little carried away with the break the 0.6 banter, which will soon no doubt occur. We do not want the huge spikes, it just goes back down again, nice steady daily increases please. Cheers all. Enjoy the sun, its very good for you.
Ant, mms wreaked havoc with EUA, I know, been in it for over 18 months. Cheers and hope you do well
Fire Ant, part humour, pouring cold water on a fire ant, agree my friend, fundamentals now looking good, mm games irrelevant. Have a good evening
Fire Ant. Suggest you read comments made by an actual mining expert, Cornish Knocker, before pouring cold water on those Investors who are excited about the future. This is still undervalued
If it's what the world Economic Forum lot have got planned, then there will be another series of Lockdowns come what may