The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
DazzerG: Well said, fully agree. Not even the fails that hurt so much: It's the lack and unwillingness to provide reasoning, transparency and at least an attempt to gain support of the investors.
I'd really like to support MB in his efforts to do good for the company, the PIs and himself - but I can't recognize those efforts (show them gddmit!).
Master, warrior etc.: Frustration rules!
Personally I wouldn't make any pre-announcements regarding the bail out price. This can change substantially and you'd be a fool to sell your shares once this share finally takes off. The PM investment is and always has been a gamble as we can see now. I had opportunities to sell - which I didn't grasp (oh well). So here I am and hope for a last chance - which I intend to take. But I won't tell anybody at which price. My average price is below 3p - so I've got some flexibility.
GL to all.
Master: You could be right. I just believe that MB isn't naiv and understands his options. However, it appears that keeping the investors in the dark is currently the preferred basis of "communication". Don't think anyone likes that.
We investors need to at least expect that - unfortunatley - not everything is honky dory. In other words (and I am usually quite optimistic):
1. PM - for whichever reasons won't receive the LP in time (April at the latest) to arrange anything other than a further equity increase. We've seen this many times and it's sickening.
2. We may have smart posters on this BB but none of those know what's going on behing the scenes (and there is plenty going on you can be sure).
3. Clearly the question that remains is: Do you - as an investor - want to bet on the success of PM should they finally get their act together? (whenever that should happen - we've been waiting quite a while now!); or do you chose to bail out and call it a day?
I for one am sticking to PM (and hoping for the best).
GL to all.
This is not a political BB and all I can do is express my opinion.
The U.S. has (until now) been trying to protect the concept of democracy. That has obviously not always gone right. But the idea behind it was. I just hope we (in Europe) don't have to deal with Russian aggression in the next few years. And honestly, it will be difficult to do so without the support of the U.S.
Would have been better if you said you are familiar with the current O&G environment in Mongolia. All your other experience - unfortunately - doesn't cut the cake.
In other words you have 4 options:
1. Do something about it
2. Bail out
3. Stick with PM and be patient
4. Keep complaining
ATB
B/p: Good to hear that you - speaking for "the critical posters" - at least believe it is wise to be cautious; now that is great advice and many thx for that. I wonder what additional advice you may have for "the critical posters" you claim to represent. Please share that advice - I'm sure all the other the posters on this BB would appreciate!
Has nothing to do with what prof or any other derampers or rampers post on this BB.
A lot of us PIs have invested a great deal in a company which we/they ultimately believe will generate huge profits and gains.
Obviously, there are critical posters out there who - for whichever reasons - consider PM to be "not so great" (or worse).
I suggest that all investors and all posters take note of the extremely high probability that PM's share will rise exponentially.