The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Investment case 🧵for #acrm
https://x.com/microbagman/status/1735337402414035139?s=20
X.com/microbagman/status/1709862549158597034?s=20
Yes that would be me buying £3,000 of stock.
Its just so annoying to buy any stock, I could only do so in £500 to £700 tranches. Hopefully its the MM trying to retain stock pre interims by making life difficult!
I've tried to bang the drum a little!
x.com/microbagman/status/1706674132149006447?s=20
I'm note entirely sure what's happing with this stock - I bought 7945 shares today @ 91.8p. - Trades have not been listed.
There's literally no stock available to buy - the MM is only allowing purchases of 1000 shares.
3.6m cash as at 31/12/2022 and 5.4m as of 4/05/2023 - so free cash flow of 1.8m in 5 months - hopefully this translates to EBITDA!
WTF
Good thread on the potential opportunity here:-
https://twitter.com/microbagman/status/1607856746055229440?s=20&t=fYCso1fbNvOlS5KpUcDIgw
Good summary here
https://twitter.com/microbagman/status/1555164528350052354?s=20&t=AM-UAuyDhX15io-kNHcpvA
https://twitter.com/microbagman/status/1567770908378406916?s=21&t=nszk5Dz80WY9vveKRlPpRw
Looks good
It’s a good thing. Up to 34% of patients paying c$160 is better than 34% being on free access.
Tier 3 means that prior approval is needed by the physician but presumably oral irons would have already been tried so you would have thought asking Caremark to stump up $80 rather than going down the expensive IV route would be acceptable.
Also a tier 3 drug is more likely to become tier 2 drug than one with no coverage at all.
It’s also tier 3 with Kaiser Permanente (12.6 million members c5%) so now they will potentially be some remuneration for c80% of the entire market
I would say it’s hugely positive
Accrufer now a tier 3 medication with Caremark.
Caremark has a 34% market share by total Rx in 2020!!!!!
https://caremark.com/portal/asset/z6500_drug_list.pdf
Oh yeah!
It sounds like the plan is to rack up revenues then get royality finance.
Would be happy with this
What are peoples thoughts on how many of the 3900 prescriptions have payer coverage and what cost per subscription?
An interesting thread on STX's funding requirements
https://twitter.com/microbagman/status/1542113887633506307
Day trade notice -FYI I actually averaged down and sold out at 84p for a 4% loss.
Over the years have traded BOO c10 times, up c250% .
The jury is out on you as to whether your a Scumbag - I'll ask your mum next time I meet her
But thanks for your concern.
Readon 95, guessing your not allowed to hold positions in shares that your employer is shorting.
Maybe set up an account in your wife/husband name to do this. Oh sorry forgot no one would want to marry a scumbag like you - unlucky