The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Currently 4-1 buy side. Going up again by the looks of it!
This mornings RNS has cemented for me the fact the new CEO is set on delivering for shareholders and the company as a whole. It reads far more confidently and bullish than previous RNS releases.
Finally clawing back funds, keep it up SEE, 1 contract a week through the summer please!
Back to the open price soon by the looks of it, great showing of strength in the market today. In the past these sell offs have just driven it back down so let's hope this continues.
As for DMA, if you buy at price you pay the MM's spread. If you go on the book, you buy direct from a seller, if someone else is prepared to sell at that price, there by cutting out the MM's and the keeping the spread for yourself. Same in reverse for selling.
If the spread is wide, it can be useful (think SEE in the past with a 5+% spread). If it's tight (<1%) then not so much. Of course, if things are moving, you might just want in or out there and then so it's a risk you take using DMA.
It can be quite handy for catching a dip, for example you could have set an order to buy today at 3.4p ready to fill as the price pulled back.
Well, it’s marginally more enjoyable than the big sell off previously!
Burn... as the kids say!
On L2, 2v1 so we may see another little gain before the close.
Anyone seen what the feeling is over on Smart Eye forum?
Been away working but keeping an eye on the market.
This "no news RNS" on top of the recent interview with PI has me feeling infinitely more optimistic than this time last week.
Things actually feel different with Paul in charge already... or is that just me?
I guess the problem Bax is that we don't know the end result yet...
Yes, there have been failings undoubtedly. On the other hand if they payed this better than all the rest giving us an edge as far as the tech goes, we could be sat here in a year saying what genius it was to start with fleet and farm data by the bucket load.
Oh man, I was in Nanoco a long long time ago, like you say so much potential but bad management, never capitalising... Ohhh sounds familiar... :P
Shame we didn't get a juicy contract to create a short squeeze and force them out quicker.
I have looked at going short on IG in order to hedge when the bad news popped, but they won't allow it yet; too small I guess and they can't cover themselves.
Was just about to post on that 6 x 1million and a 500k "sell" in the space of 4 minutes, but still 2-2 on the order book and no movement...
If they were really sells, we'd be down now.
The key thing in today's trading for me is that tree shake. They only shake like that when they need to fill an order and that, for those of us patiently waiting, is a good sign.
We're up on the day, but we already knew the deals were in place, so nothing new to really propel. Juicy RNS is the only thing that will do that, but the drip drip of good news is better than none.
They said placing went as planned and I have no reason to doubt that. As planned just meant we all took a hit through a halving of the share price.
My personal hope is that they got all their ducks in a row, ready for a change of leadership and now comes the news, slowly and steadily building the share price and value of the company.
We know there will be contract news in the imminent future, hopefully for us but if not at least we can make decisions on the actual realities of the market.
Today's news was a very welcome sign of things to come hopefully.
As far as a dearth of info goes, I imagine RNS 5 trading days in a row would be a little too much to hope for!
KK and JB
Lombard Increase over 11%
Lombard Increase over 12%
BdMS deal signed bringing in a minimum of $2.2m
VW/Toyota contract....? Aviation deal....?
We can but wait.
If Waymo (Google/Alphabet) with all their tech expertise and ludicrously deep pockets have decided to use SEE BdMS, that speaks volumes to the quality of the tech and how difficult it is for anyone to develop an effective product in house, from scratch, fast enough to head off the competition and to a high enough standard.
If Waymo could have bunged a camera on a dash and written some quick code that satisfied the requirements, they surely would have done?
It's very encouraging and the start of a new revenue stream and now that they have signed on the dotted line, I expect others will follow in short order as quite simply they can't afford not to!
Absolutely shallwe.
If you were an II and you had done your due diligence, worked out the potential upside and subsequently dropped multiple millions into it, would you really sell out completely or let someone buy the company before you'd met that target?
It's highly unlikely if you ask me, unless the fundamentals change for the worst or there are internal pressures; portfolio balancing and so on.
I personally would have been disappointed if we'd been taken out at 17p last year, before the fleet mess and the fundraise obviously.
But having weathered that storm and seeing the way the DMS business is shaping up, I'd really like to see where this goes to under its own steam.
Having at least two II's who could block a takeover on the cheap fills me with confidence we will get a really solid return on this at some point.
@Phil - I know they've been in for a while, I was just getting at the idea of taking advantage of the low price and then exiting for a short term profit, while maintaining their initial holding. If that makes sense?
Digital Disruption manager, sounds fabtastic to me.
That's a good shout! Then again, why would you put your hand in your pocket if you had reservations about the way the shareholders had been treated previously?
As others have alluded too, sounds like the acting CEO has a different approach to shareholder value than the previous one. That in turn makes me feel much more comfortable going forward that the news flow will be more as it should.
Sounds very logical Seeing. I was getting a bit carried away there but that makes total sense.
And Lewbo, that missing 800k did go through at the same time so it would also stand to reason they bought the lot but didn't quite hit the threshold for 13%.