The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Anything could happen here really, but hoping its a bid of at least 140-150 if it happens. Cant imagine the board accepting something much lower than that considering it was 120 12 months ago, and 90 4 months ago. Business has shown that its resilient and makes good revenue.
Honestly, as they have announced the sale of NA, i cant imagine them accepting an offer before they see that through or exhaust all bids, else why even mention it.
Depends on how it is being tracked.
if you have 10k at 100, and bought 5k at 54, that will of course reduce your overall avg, then if you sold the 5k at 65, and banked profit, it would return the 10k avg to 100.
if you track it properly then you can bank profit with quick trades, as long as you keep an eye on your overall avg and adjust it with buys/sells. if you dont, then yeah, you'll just end up losing money.
Same boat, bought at 56.2 yesterday before the extra fall. about 54% down.
im positive for a good business and future, but will def be looking at '25 onwards without a decent sale of NA, or even some public bids.
Happy that the overall debt is the same (could have borrowed lots more) and FCF is the same-ish. so no massive outflows, just treading water. Hopefully with that amount of revenue, we'll grow the coffers and remove all that debt with NA sale.
good update imo, but i can def see why cosmens want ALSA!!
Thanks. Appreciate the reply. Not heard anything from HL about it yet, so will hold tight a bit.
Does anyone know when, if it happens, when we’ll get the opportunity to buy the shares in the RI? Just so i know when to have free funds by. Thanks