The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Had a chat with a contact today and believes mms have been buying and taking stock at these levels. 120m shares in issue and talk is around 50/60m are very sticky and within that around 35m locked in! So with around 35/40m volume since IPO with the right news this could re-rate soon. But saying that Q3 is around the corner so gives the stock a nice runway into spud.....good luck all!!!
Morning Crypt
I think the positive news is the journey is fairly short....we have come to market fully funded for appraisal well drilling in Q3. We already have a team in place to run the project within a week of lisiting. The company mentioned they are working on the rig to. Q3 is not too long away now! The team in the US seem like the real deal. Sounds like we have news on a number of fronts going into drilling to!!
I like to look at market caps and that forms the basis of my investment plus the management team. I think we have one the best here!! Good luck and lets all hope for a good ride over the weeks ahead!!
Https://www.ajbell.co.uk/articles/investmentarticles/274914/uk-ipos-have-significantly-outperformed-ftse-all-share-year
Small mention here....
If we van get the rig contacted soon I think people will sit up and take note sooner rather than later.....Drilling Q3 is not long away and fully funded. Company did mention several bits of news into spud to! Patience as when this moves it won't come back.....
Hi Barno
I believe it is circa 13m! Just looking at others in the sector and some of the comparisons I have seen this seems excellent value and with 7.5m in the bank, fully funded for Q3 drilling campaign. I have a target of around 50m market cap going into spud. It seems like we hear more rig news soon based on this mornings RNS!
Https://twitter.com/ProAIMTrader/status/1779030623048400933?t=sx5u9LcJOutnKU0xfVaWHA&s=19
Link to Times article mention.
Long road? Just look at the newsflow over the next 8 weeks or so and they will be drilling Q3 fully funding so no more raises needed till they hopefully prove up Ingomar. Founders hold a big stake and did you see they have Bo Sears as the CEO? Look into him....