The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Looking at the charts we have been hovering between .82 down to .72 since the 18th of December 2018 with a small rising level to .85 so perhaps it is reasonable to say we have found the bottom of the SP.
From this level and providing we get some great news on an RNS we could see a good upwards movement perhaps 3 - 5p (comments welcome).
Bearing in mind I think that there will be a placing in this and dependant on the dilution (comments welcome) perhaps we will sustain the higher price to a new level of low SP from which to advance the SP further.
As always totally in the hands of the BOD
All IMO !!!!
That’s because IMO they are not, it is inconceivable that over this period of time some will by a natural course of events will have dropped out. The only question is as this is a material event on previously reported news why have we not have an update?
Valju I have stated many times I am holding to the end either with a positive RNS upon which I will hopefully get a better return than if I sell now. As posted today this needs to be a stunning RNS which covers Cashflow issues and delivers a commercial product for the market - pretty simple eh!!
a bargain price 260 is it IMO
Angus Energy
It is difficult to write anything sensible about the recent shenanigans over at Angus with board changes, advisors leaving and being replaced so I will not say much. I wrote recently that the shares were ‘uninvestable’ and right now there is much to do by the new management team to restore confidence and plausibility to the company, watch this space…
But will buy and add in the mid 260 range
That my two posts recommending Ray Pointers highly informative post as well Ratty’s post outlining the failure of the BOD and the RNS trail shows absolutely that no progress has been made have both been removed. Boy the truth does hurt, still never mind both of those excellent posts were up there long enough to be seen before being removed and I do hope that they are reposted.
We break 40p this share will fly IMO
I think that a good RNS from the BOD will immediately do a number of things, firstly it will unblock any negotiations from potential partners who are currently waiting to see if they can pick up a bargain whilst uncertainty reigns? Secondly it will immediately restore some faith in the BOD which is seriously lacking at present, and buy us time which is let’s face it the biggest commodity we need at present.
Good news imo could have an immediate effect of 10p added to the SP depending on what it is?