The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The fact that some are closing means they feel there is a bottom rather than bust, otherwise they'd be holding or adding
The difficult question is where that bottom is.....
Taken a position here, some large print buys and just one for 600k now, imagine some of them are closing, the tracker will be of interest on Friday
Hopefully see a swift return to 40s pending the TU
All IMO
I got £2.70-£2.90 on equivalent projections pre drop..... think it'll eventually settle there
All IMO
They're transferring at around 180/185, MM's won't let it happen
Dont think too long ;)
Don't worry about cash, they're making profit and have no borrowing debt..... with revenues ahead of expectations, they'll be fine
Let the IIs finish what they're doing, should be in the high £2s
All IMO
I think its more to do with the wider market looking rather surpressed today... being pretty much top risers (Aside from a few dog shares) and holding a 20% rise is still impressive, SQZ and NEO are no jokes when its comes to NS.... this will slowly re-rate unlike the spike and dips before (due to funding etc etc), complete de-risked and free carry now....
Today's RNS is the difference between a 100% rise and fall back due to the other 50% of funding... vs a slow and steady SQZ type rise (see what i did there?)
All IMO
Take your dirty cross ramp elsewhere.
All in all a solid day consolidating and holding the rise, what that usually tells you is that they will take it higher slowly and keep it there as opposed to a big spike and fall.
Should easily be in the high £3 already, but happy to take 20% each day for a while
All IMO