The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Fag packet calcs not 100% accurate but this has cost us £30m in dilution + £33m in finance
=£66m ish.
current mcap of just under £30m?!
I can't see how this is the greatest game changing deal of the century that he has made it out to be?
Traders
Shorters
Those selling for tax losses
Not wanting to alert competitors
£14m placement before suspension for working capital purposes.
Months of suspension.
Wonga lenders, confetti warrants and shares forward sold.
Rebased a lot higher...
Consolidation and another placing.
Here comes the good part Arthur!? Excuse after excuse.
As has been pointed out earlier, the equipment is worth more than the current mcap!!!
Arthur, do us all a favour and sell up to a proper operator and put us out of our misery because you Mr Millholland are full of BS and not fit to be a CEO of a PLC.
Just glancing at posts ATM as same old...
However, your pal iron mentioned earlier he doesn't understand why PI are selling?
Might be because people are fed up and your partnerships postings do not help the situation?
Just saying!
Excellent post illusion.
A little bit of a statement this morning in the RNS would have gone a long way wouldn't it.
His PR skills need working on that's for sure, better still get someone else to do it who has good PR skills.