The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Oh I just love it when shorts burn!!!! Hahaha -10% this morning, yes those idiot shorters are really suffering! This needs to move a little over 50% to end up back in single figures, but needs to rise more than 100% just to get back to the previous high! Am looking forward to the no deal rns...
I would hope that Arc will not give pay offs for lawsuits without merit, otherwise i am sure a whole bunch of unscrupulous liars will come crawling out of the woodwork to file the next claim. Am thinking that just above 2p is a good risk/reward here, so may start nibbling on a few Arc shares next week. Hopefully sometime next summer a deal with a major will be announced and new alltime highs, which from my perspective is a great return, even though the fantasists over at another mining licence holder are expecting 50-100 bagger any day now, if you believe the utter dross which gets spouted by some with their rum-drenched heads stuck up in the clouds!
Come on, you told us that arc are in advanced negotiations with AA. If what you say is true, then just point me to an official announcement that AA are indeed that party. Shouldn't be hard if it's a fact. Or are you just another misinformation specialist?!
I am not going to argue the generally accepted position with you: that AA parted ways amicably with Arc many months ago at the end of the EA. Forget I addressed a comment towards you, I've clearly misunderstood you, my bad.
Ffs, do you neex it in woth a spoon. AA weren't willing to pay what Arc wanted. That's generally considered walking! What did you expect, an RNS stating, "Anglo have rebuffed our generous offer, taken the hump and run screaming from the room!"? If they hadn't walked the deal would've been done months ago.
Let's hope he calls one! Only item on the agenda: replacement of a certain over-promising, under-delivering AB.
Perhaps, SN. But AA walked quite some time ago, the process and queries will likely have refined the dataroom slightly, which means a different major could theoretically have done some DD between then and now just under NDA rather than EA, which would've needed an RNS. I know NvS has an obsession with AA, I guess from his previous employment with them, so I suspect it will eventually go to them, but it would be fun to see BHP or Rio start bidding, and let AA rue the day they let the EA lapse without a deal!
If you are asking that, I question whether you've ever read any of the idiot's RNSes!
OMG there was a lot of insultong of covid conspiracy theorists yesterday, and yet the rampers come out with the usual rubbish about the sp being held back! MMs don't really care what the sp is, they just make their money on churning the spread. Sp is simply a function of supply and demand, so today's sp action shows that a few naive PIs jumped in to buy early, and more decided to exit whilst they still can in profit, probably having bought at 19/20 over the last few days. Very interesting RNS, reaffirms my belief that there is huge value here in the very long term, but can't see anyone paying what the BoD will want to give up the LT rewards here. Looking fwd to scooping up a bunch of these on the no deal rns sp crash :)
Funny, bubbz! Oh and apparently now 189p/share is loose change!!!! Hysterical! I guess most people who made the mistake of buying in the 30s and 40s would just be glad to get their money back. Not looking likely imo. I suspect it will sell for the low to mid teens per share. Would be great to be wrong and to see AiM make PIs rich for a change instead of just colluding with the money pros to rob them blind.
Well, looks like those predicting the high teens were spot on the money! As previously stated, soon the low 20s will be thought of as the good old days. Now where is the genius predicting minimum 30s by last Friday on that "amazing good news" RNS which dropped? If only the collective wisdom of the market shared that view.
Ian, when has any buyer for Eua stated that they were happy after doing DD? You are just making that up, it is a total lie. All that has been said is that DD was successfully completed. In all deals which fall through, DD is also successfully completed. In fact, just this autumn I succsuccessfully completed DD on a house on which I had made an offer, subject to survey. The survey revealed a lot of undisclosed issues, which was not entirely unforseeable for a c17th house. So after successfully completing my DD, I withdrew my offer. Strikes me that an awful lot of people here don't read what the BoD actually announce, but only read what they wish they were announcing!
I know the rampers hate these facts from the company, posted in black and white, but you just can't ignore these facts from the BoD when they put them out in an RNS, and as we all know you can never go wrong by reminding yourself what the company officialky publishes in their factual RNSes: "Until a transaction is finally concluded there can be no certainty that a transaction will occur or on what terms." Gotta love those RNS facts, as the BoD clearly state, the sale is far from certain, and there is no talk of multiple pounds per share, seems more like a warning that it has the potential to be a lot less than the current hope/fantasy-based share price.