The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Although I follow Liverpool, as a die hard Cardiff City fan things are looking up since the arrival of big Mick McCarthy! 7 undefeated, 5 wins on the spin including a 4 0 pasting of Preston today and up to 5th place in the Championship.
That’s a huge reversal in form. .... just hoping Bushy does something similar next week. :-)
Decent volume here in the first hour of trading.
I feel we are pretty much at the bottom of the current downtrend and many will be talking positions for the move back up. Chart in oversold territory.
V prices could be nudging $40 by end of next week based on current momentum.
Off out for a socially distanced run now, hopefully we will have turned blue when I get back :-)
Decent volume here in the first hour of trading.
I feel we are pretty much at the bottom of the current downtrend and many will be talking positions for the move back up. Chart in oversold territory.
V prices could be nudging $40 by end of next week based on current momentum.
Off out for a socially distanced run now, hopefully we will have turned blue when I get back :-)
We know that Duferco sold just over 2 million first week in January from the Holdings RNS, but from a previous RNS it stated that they were locked in for 6 months.
I believe someone on the BB contacted Chika for an explanation, but don’t recall any update posted on here. Is anyone able to confirm?
Fara - I’m not disputing there had been some MM manipulation along the way but come on, not 2 years of constant moves by the MM’s to keep the SP pegged. Bigger picture is our share price essentially followed the V price up and followed it back down again. Simplistic explanation and coupled with constant selling of large institutional investors, we are where we are today.
As sure as eggs is eggs as V accelerates up through $40, hopefully over the coming weeks/months I expect the SP to follow.
There are plenty of success stories on AIM field everyone to see. Why do many others come to the conclusion that BMN have been singled out and specifically targeted and manipulated constantly over the last two years? Also when we were blasting through the 40’s to all time highs at the end of 2018, not many were complaining about MN corruption - I just don’t buy it.
The next wave of V price rises that appeared to have started will drag our share price northwards and I’m expecting a positive conclusion to the month!
GLA
@knuttie - yes the SP will be walked down IF no tender success re Eskom. However, I believe this will be very short lived as underlying fundamentals will prevail.
As I mentioned yesterday, when reassessing my investment in BMN I always retreat to the fundamentals of the core business, the increase in production that’s been laid out over the next few years, together with the inevitable rise in V prices. These factors will underpin the valuation significantly north of where we sit today.
You’ve been here a lot longer than myself and many others, but as Sanchez so eloquently articulated yesterday, we are on the cusp of something big here - I firmly believe that.