The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Here comes the last 1hr drop - looks like we could finish below 88p . What a complete disaster of a company caused by Read and the BOD . No doubt he will just move on with a nice little package and leave the shareholders sitting on massive losses .
How did anybody know we would get our wish - he had managed to pull the wool over peoples eyes for 4 years . I have no problem in buying when I did - its just going to be many months/years to get this company back to a reasonable value
And you think it will automatically transform share price as if by magic . Whoever comes in is going to have to try and unpick the damage Read has done - until that happens or at least the markets see somebody has a hold on the debt etc the price will likely continue dropping .
“I think the divi has already been factored in at this price”
Don’t understand what you are trying to say - the dividend will not be factored in at this price - all companies drop by the dividend price on exdiv day at open , granted it may rise after that but the history of vodafone is the opposite unfortunately.