The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I thought it was Christian too. So if he was planning to retire in April and hasn't, does that suggest he expected the deal to be done by then and his shares to be worth considerably more and as a result has stayed on?
My view is I don't know what to make of it. My understanding is they have to have an AGM within 6 months of the end of their financial year which means before 1st July. They have a statutory notification period of 21 days not including the day of reporting and the day of the AGM so that deadline has passed. They have declared that the financial report has not yet completed auditing but will be ready by the end of June. Surely they will now have to pay penalties for not having the AGM within the allotted time.
There has been much speculation that the potential buyers are NN. What are the risks if NN or even a Chinese buyer were in the game. Surely sanctions wouldn't affect them and the value of EUA to them remains unchanged.
Or maybe a lot of old names who have stayed quiet and are now commenting on something actually worth talking about rather than getting involved in the childish bickering which seems to have dominated this board for the past few months.