The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Well, as Christopher Mills holds a big chunk and, according to the TR1 is selling following his resignation from Trellus, there’s a good chance any buying will just be sold into.
I take it he’s cheesed off, resigned and is getting any funds out that he can. It could be a slow process as buyers are few & far between.
Perhaps he could see The Company isn’t going anywhere but that’s just my opinion.
This stock was trading at 41p in February following the string of contract wins totalling £20Million from mid December onwards.
The fact that on can still buy for 6p more following today’s announcement is amazing, so I will just continue buying, certainly popping as many as I can in the ISA.
It’s early days though so word has to get out, give it time.
It’s a good point David but I’m not sure if the Unilever deal puts them in a closed period.
AT did mention in the presentation that he couldn’t say much about the deal, clearly the patent is being pushed through to Protect whatever it is they are up to!!
Yes, it shows a lot of confidence to increase heavily and lower their averages.
I think Aaron Tolley is a pretty smart cookie with plenty of determination & persona.
About time the Company gets some decent rewards for all they’re hard work and dedication.
The warrants are issued to enable SpaceX to subscribe up to 10% of Filtronics existing share Capital, and they can only fully best once orders for £48M are irrevocably placed.
Having SpaceX as a major shareholder is very impressive indeed, but what the market will really warm to is the long term interests of both parties.
It should also be recognised that the steely grit & determination demonstrated by the BoD and the team to get through 2023.
They’ve realigned the business & cost base and navigated a very difficult period.
The whole sector was underfunded by Big Pharmaceutical Companies but this has now reversed, and momentum is building rapidly.
Every investment is a risk but I’m a lot happier when I know I’m backing some seriously determined & very smart people.