The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Stating the obvious, IF the board delivers (that’s a big if!) 30p if not 12p. Personally, after all this time I’m thinking of selling up and move on, will decide when I get back from the India ocean!
Forgot the link (doh)
https://www.kurdistan24.net/en/story/34675-Kurdistan-challenges-Iraqi-Ministry%27s-accusations,-asserts-legitimacy-of-oil-contracts
Why no straight div, I know, watch BT when the price (if ever) goes to 30p he will say what a great job the board is doing. However the Market Cap would be roughly the same at 18p per share (as of today) without the Tender, and probably more free share by then!
I’ve not noticed it above but the APIKUR website has a running total, updated every second.
“CUMULATIVE LOSSES TO IRAQ DUE TO THE SHUTDOWN OF THE OIL EXPORT PIPELINE TO TURKEY USD: 15,189,884,829”
https://www.apikur.uk/publications/
Are reporting oil exports will take some time. 8 mins ago.
https://www.bloomberg.com/news/articles/2024-04-22/iraq-says-resuming-kurdistan-oil-exports-will-take-some-time?srnd=markets-vp
Just one other point about the trust in the board, on the 3rd Feb 2023 but the settlement, they stated within a RNS that “ Settlement structured as a sale of non-core patents and a global, perpetual, fully paid up licence agreement”.
Those “non-core patents” actually turns out that one was core. Just another example how the board communicated during the settlement.
Sorry, misinformation part, at the end of the day this is a BB for views and maybe entertainment who knows, but one thing I wouldn’t do is invest in a company with opinions from a BB! Sometimes you can find some good snippets but that should be followed by your own research.
Anyway no axe to grind with anyone, I’ve got to say I do have a good laugh reading through some of the posts!
Xen0n, I don’t often post here any more, but IMO, BT and the board brought on themselves, by over promising on the settlement. And before you say anything, I hightailed on the BB possible low ball settlement figure highlighted within the court papers which BT refers to as Joe public knew what the settlement could be. However, BT stated on numerous occasions that “the board would ONLY settle for fair value and fair value in the boards mind was for past and future sales of Samsung’s QLED TV’s”, thus the disappointment on the low settlement figure. So yes IMO the keyboard worriers have a point.
Anyway after 7 years of holding my view is that the company is in its most promising position now. I bought lots on tranches after the crap settlement and tendered all those (just under 38%) and have kept my core. Talking down the share price who cares! If you believe in the company you should welcome it and add more. The stock market is manipulated every day by the press and big wigs, just listen to Bloomberg opinions and others.
Anyway it would be good to see BT put his hand in his pocket and actually buy some shares, if he believes that the company will be profitable soon (self funding at least) it shouldn’t be a issue for him.