The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
from google translate:
Our trading strategy is based, among other things, on the fact that we look around for possible trading ideas and then propose them to our subscribers with suitable introductory courses. The reason for such a trading idea also appeared on April 19 at Aston Martin. We informed subscribers that we believe a bullish backlash is inevitable and have steadily reduced the entry price in the coming weeks from 0.75 euros to 0.70 euros, 0.61 euros to 0.45 euros. This strategy has proven to be absolutely correct, as we did this week with a max. Have seen total profit of around 100 percent. We see strong swings in momentum, RSI and turnovers. With this, Aston Martin could have initiated the turnaround and rise at significantly higher prices. We remain bullish and, as a precaution, raise the short-term RuMaS price target to EUR 1.50.
Every trader has to decide for himself whether to join Aston Martin now. Needless to say, this is a highly speculative stock that is only for traders and investors with a high risk tolerance. The price movements are sometimes breathtaking and the risk should not be underestimated. Nevertheless, many traders enjoy dealing with such values ??and those who are not afraid to take risks and find the right entry-level courses can often be successful in a relatively short time.
Seafood make it clear in RNS below para 3 offer is fixed:
5 May 2020
Seafox International Limited
(“Seafox”)
Further statement regarding Possible Offer for Gulf Marine Services plc (“GMS” or the “Company”)
Seafox announces that it has today purchased 9,388,689 GMS shares on market at a price of 10 pence per share and is making a “no increase” statement.
Consequently, any firm offer for GMS shares in accordance with Rule 2.7 of the Code, if made, will be at a price of either 10 pence per share or US$0.09 per share, depending upon which is higher based on the prevailing exchange rate at the time of any such firm offer.
Seafox noted GMS’s rejection of Seafox’s original proposal and hopes that the GMS board will re-consider their rejection in light of this significant increase (amounting to an approximately 38% increase from Seafox’s initial proposal (based on yesterday’s closing middle market exchange rate)).
An offer at 10 pence per GMS share would, if made, represent a premium of approximately:
(a) 257% to the closing price of a GMS share on 24 April 2020 (being the last dealing day prior to Seafox’s approach to GMS);
(b) 166% to the closing price of a GMS share on 29 April 2020 (being the last dealing day before GMS entered an offer period); and
(c) 100% to the closing price of GMS shares on 4 May 2020 (the last dealing day prior to the date of this announcement).
This announcement amounts to a “no increase” statement in accordance with the City Code.
Together with its holding of 48,066,480 GMS shares, Seafox now owns 57,455,169 GMS shares amounting to 16.39 per cent of the issued GMS share capital1.
A further announcement will be made if and when appropriate.
Enquiries:
Perella Weinberg UK Limited (Financial adviser to Seafox)
I have bought in today and sat on a small loss but I strongly believe this is an excellent medium term play like GGP was when I got in at 1p.
Australia is one of , if not the safest mining territory in the World with a supportive Government and what I do really like is the drilling is being done in lieu for shares so should be not a lot of dilution going forward.
For any newbie mineral investors( like was 3 years ago in GGP) this is a decent read to help you understand the different terminology that turns up in RNS.
https://newpacificmetals.com/mining-101/mineral-estimates-reserves-vs-resources
GLA.IMO DYOR etc!
..actually not clear the brokers pay 80p per share but do they sell onto us at 80p? No risk to them taking the full 1.25m as get a 150% return at todays price if they can sell them at market value, but if this was the case why do we have to get our brokers to ring Peel or finncap
Needs more than a name change to turn things round !!
..there’s a holder here who keeps checking in ..worth a punt Apple another Paul Johnson share with him having15% and biggest stake holder other junky holdings by individuals so not many in free float and from trading pattern most others are LTHs
..shows how off the radar this share is but I hope things will change soon
I am in both thanks to the one and only PJ and this was posted on the LION LSE BB, i think PML are due a re rate would be nice to have a100% plus day :): Look at it from another Angle.... A JV or a merger with #PML which is on the cusp of Bonanza Gold, Silver and Copper Discovery? Remember #LION's Non-Exec Chairman is also CEO of #PML
Buys way out number sells and price goes down ..answer on a post card please!
Welcome aboard compass ..the bus is quite empty at the moment but with the backing of super resource investor PJ I am sure it will soon fill up and the share price will move on up
My interests aligned with shareholders - serious money at play. Back your investors with your own cash is my principle. #THR he has out �175k into THR in the last few weeks do you think he wants the SP to fall!! It seems too many people want an instant quick hit profit and move on... investing is sometimes a long term thing
..great listen well worth it ..exciting times
..hi all just joined the party ..seems some familiar names on board