The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Intothedeep, if you can't resesrch it yourself maybe you should ask some of your fellow investors as it has been discussed here at length. I'm not here to do your research.
You referring to an RNS where they "it may be decided to use" literally means nothing. They are not saying that it will be used and they don't have the money to produce anything.
Anyways enough of this. Good luck all.
Firstly only people who are uninformed of the algorithm used for buys and sells on this site scream "buys are showing as sells".
Secondly I'm already a few 1000% up on Argo so I'm very pleased with it and think it will do even better in the future but that is for the Argo board not here.
Anyways, I wish you all luck and I hope it pays off for you all. Just DYOR and don't blindly follow some of the things being said here which are not true. Especially with the cash situation, court case, and chip production.
Right from the CEO himself. No intention to mine and they don't have the funds to produce chips or mine even if they wanted to.
Saying a company is fully funded when it is completely broke and with a large debt is extremely misleading.
Jholder. It is simple. The company have no source of income whatsoever and need funds. Any money from a court case would be used to pay off part of their large debt. The verdict from the court case will not be until well into next year. This screams fundraise.
Not fully funded at all. Since Iceman888 repeatedly slings derogatory messages against other shares, I'll correct him here. According to RNS regarding the court a final verdict isn't going to happen until next year after the meeting on the 10th of November.
"Following this, each party’s legal counsel will have 80 days to file their Conclusive Briefs to the Judge.
The Judge’s ruling is then expected within a 60-90 day time frame following the conclusion of the Conclusive Briefs Period."
And even if QBT were to get the money which is UP TO $7.8million not a guaranteed full sum it will still not clear the company debt. Something even beekeeper said.
Furthermore QBT have stated that they have no intention of BTC mining so this is not a "pure BTC" play either.
So Iceman888 stop chatting tosh and stick to shares you are invested in.
The base SP is growing daily which is limiting drops and building our upwards growth. There is a reason why Blondity and Myles McNulty have pilled in now. I think we are leading toward a significant rerate.
As previously mentioned this is at a P/E of 10x, confirmed by the Jefferies valuation note, which is very undervalued in this sector as the average is over 40x so there is a lot of room to grow.