The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Talk it up all you want but currently it's 0.35p to sell and 0.45p to buy (a near 30% spread!!!)
300k share sell earlier today for just £1100. A few years back that would have cost £30k to buy.
Proper news needed ASAP that gets the Share Price up. But so far nothing has worked.
Hurry up on actual proper news pls!
TYB I’d simply just like some actual meaningful results that deliver value for us as shareholders.
And not the share price on the floor like it is today. And also not a load of rampers saying “jam tomorrow” which so far after six years has yet to materialise.
Such a big buzz in yesterday's "great" RNS that there wasn't a single trade yesterday
And today there are six trades so far totaling a grand sum of around £100.
From this I would suggest Zen have some way to go on the trust / actual results front to get PIs buying back in
10p 2017 > 0.45p 2023
Pg6 , exact quote...
"Finance expense for the year was CAD $3,161k (2022 - CAD$2,217k)
Expenses look very much up to me then!
(As are production costs were nearly 2.5x higher for the period in question. Look at the line above)
Http://www.rns-pdf.londonstockexchange.com/rns/7538H_1-2023-7-31.pdf
Page 53
Zen paid Andrea $560k CAD 2023 (using todays exchange rate that equates to pay of £330k)
I'll leave you to assess if that's value for money given the share price / business performance
Also read the financing on Page 06
437m shares issues in year ending Mar23 and $19.1m cash raised.
Odd that expenses were up YoY. Perhaps lots of travel / hotels?
Good new good news etc etc.
Lots of options etc etc
Still lots of ifs / whens / hopefully / should / could etc
No facts
But what is a fact is the share price is 0.4p, almost at an all time low.
Zen need deliver some material results I think we all would agree.