The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
It must still have legs, if big buys like that are still showing up in the high 4s. Keep rising without news, only makes the effect of news even greater. Our favourite phrase, compound interest :D
When he decides to release news it could well do the same as Synairgen, was that something like 400% in a day? Cant remember exactly.
Does anyone know of any more resistance points or is it just ignoring them all and making it's own path lol
Yup, certainly a tasty buy.
Got to wonder if it is an institution buying in.
Quick note on the warrants, yes the company knows how many warrants are outstanding, but they dont count towards the total issue amount, until they get exercised, so it is a form of dilution when they are used.
But that 1 buy of 4M just shows how much it doesnt matter with current volume of shares traded nowadays.
Yeah, the "pot" increases by that amount.
If they choose to sell them that is, they could be exercising the warrants and hold onto the shares. Its effectively a form of dilution but in comparison to the company amount. It's nothing really. 1.25M into 1.1B
It puts 25k into the company bank account as well.
Wasnt it your "source" Loki that said on Friday it was something like a 25p buy and procure the debt. Or something along them lines lol
Just shows how unpredictable this is, a bit off egg on face there but who cares. That's how easy it is to start a rumour.
No offence, I really respect your input! :)
A lot of people who can dish out sarcasm, but not take a single bit back.
Hahahehehoho, don't sweat it, idc what the room thinks of people. You dont have to please everyone on here.
Just use plenty of ...... to blend in lol
If his plan is rejected by the BoD.
The shareholders will be able to vote on the matter.
He knows this, why would he make a shoddy proposal and burn the bridge with shareholders if he will potentially need them to get in!