The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Troublesome I'm sorry to get personal again but you really are dragging this board down and I'm sure I'm not the only one with that opinion. It's just one bad joke after another. Can you please just stop posting for postings sake. It's almost like you can't control yourself.
Kooba, I was asking you a question which you may have missed. What happened to the 17p estimate post tender? I doubt that the purchase of 270k shares has supported the price when many other were trading at the 21p level at the same time.
TG2D - similarly, I was asking you what happened to the mid teens price? We would either be there now or to reach that it would rely on existing holders being prepared to sell their shares at a further loss.
I believe you have it wrong but it could be me that is wrong. As I said yesterday the number of shares and the mcap haven't changed however I see the point that the shares and he money are effectively already cancelled. But what happened to the 132p/17p/19p post tender price that was mooted by many on here? Where is the buy buy buy moment? Perhaps that moment has passed but I'm not so sure. I expect a drop to 19p myself when the tender complete "later today" How long and how deep it is remains to be seen.
BC They stated they would buy relative to averages and that it would (and did) commence yesterday. Kooba posted about it.
I'm more interested in what "later today" actually means. I suppose we'll just have to monitor the situation.
LOAM either want to exit, or they see an opportunity to trade.
Assuming the latter, they tender as much as they can at 24p and whilst everyone is locked in without funds returned until the 25th of April they start buying at anything below 24p which would represent a profit assuming they are liquid enough to do so and that they dont want to exit.
the buy backs will not be more than the average days trading so will take at least 21 days to complete I believe
TG2D I don't understand why you keep going on about commercial deals....the deal is in place.
It's a frame agreement / contract that agrees terms for the supply of material in receipt of a PO. STM have indicated they see a runway of increased demand and Nanoco expect to see more PO's to the point that they reach BE at some point in FY25.
The only announcement I expect is the confirmation of a third chemical company and possibly something left field on display.
Kooba you are the one who has supported the theory the SP is mostly based on the cash position which is a function of shares in issue.
Today the register is unchanged. The suggestion is the share price should reflect the position post entitlement today. So what happens if to the SP in that case tomorrow when the shares are bought for £30m and 125m are cancelled. You suggest nothing will happen.
You also suggested the SP would drop to around 17p so why is it still broadly speaking exactly the same?