The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Cobrakai - Be fair, it has been clear for sometime that despite his share holding LT has absolutely no idea what is going on at Nuog. Even after having threatened to drive to Manchester and confront them and having his lunch bought by Alan (is he still on the phone to Brazil?) he still has never been given a correct or straight answer which then became reality.
If investors are putting any faith in what he says they deserve to lose money.
PS. Merchant Banker is in my opinion our old 6 +1 friend
LT - you don't need to go fishing, you have been done up like a kipper
Still another little timeframe change, nicely done
Lots of 1m, 2m, 3m sells - just like the period before the last placing, guess someone has to make money from this pile of s***
Nowtnu - that explains why Damian can count to 28!
Mcadder & LT are awful quiet now, probably trying to work out how to tell their families about all the money they have lost.
LTH - get some courage, get organised and get some of your own resolutions on the GM agenda
- removing BOD deadwood, Damian, Tej, Ivo etc.
- an audit of all Nuog spending with RMRI and who approved the invoices
- full disclosure of SPV / project status (especially Brazil)
- instructions to the NED to ensure data / record protection for future legal actions
wobwat - I believe it was 2015, they were rewarded for making such a "huge" sacrifice by having their options awards rebased from 8p to 0.6p and the number of options increased about 5 fold
Obviously all justified given their sterling efforts, really they deserve medals.......
Wobwat - you don't have to look very far for an example of deferring salary, the old Enegi BOD had to do that before they came up with the MFDevCo wheeze and started touting marginal oil (Brazil anyone!) as the next saviour.
Share price went from 0.1p to 1.8p and Simon even got to collect a trophy for that little bit of story telling, anyone remember how that fairytale ended?
Wobwat - i would have thought the implication of today is quite obvious.
If they announce a deal and the share price rises to 2p, don't buy because they are about to dilute you at 1p.
Adjust the prices to your own taste, but the dilution is now nailed on.
Useless s***
Well push, someone is going to get "minted" by the shower of s*** we call a BOD.
Will it be shareholders, shorters or just "that family"?
They have till the GM, otherwise there will be "blood on the floor" i expect.
"depending on how good the deal is it might be a case of they are stupid not to place"
What a stupid thing to say, a good deal should produce revenue to prevent the need to further dilute LTH.
Bloody sick of the uninvested BOD treating us like mugs, especially "Daddy's boy"
Only pass the resolution if Damian goes.
What is clear is that Daddy's boy has again screwed up on cashflow management.
It is insulting that after years of crap financial management he has been promoted to MD / CFO!!!
Insist that resolution approal is contingent on Damian's resignation!
So, looks like it is shareholder milking time again!
There were reasons why the 25% / open offer was insisted upon by the shareholders at the AGM and the BOD's actions post the AGM have demonstrated that.
Petrofac RNS and Allison interviews were clearly done to sweeten the pill.
I see someone on twitter is suggesting Damian's resignation should be part of any shareholder approval, I would second this.
marbur / joey / Delster / SBP,
Where are you guys?
Look at all these buys, shouldn't you be saving these poor souls from investing in this company.
Perhaps you are too busy waiting for Petrofac's due diligence team to email back so you can't pass the phone around!
Perhaps he is checking on Starbuck, as he has gone missing today too! They are both so concerned for other people's welfare.
Probably busy telling Petrofac that they haven't done their Due Dilligence correctly because there are no agreements (in the public domain anyway!)