The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Just picked this up bish, Ive been out all morning, I think we were in around the same time, i managed a chunk around 0.6, then chased the SP up to around 2.3p and have averaged down to about 1.3, was hoping to be at my break by year end?!
The way I seem it having had time to reflect, Miners need placing to develop assets, that's why they are here, its never ideal timing and I hate to give away our recent gains, but I'd prefer to have funds to develop future opportunities, I think we can all agree there's alot of potential in the next 18 months. UFO have laid out there plan and they need funds, theres no point burning through all that cash and at the last minute trying to raise funds, who knows where the SP/world economy is going to be this time next year. I have doubted Bills abilities in the past but I think the last 6 months he has proven his abilities, he's not perfect and there is room for improvement but he's got the company moving in the right direction. I would have liked to have seen more cash raised but i'm hoping he is going to outline a strategy as to where the recent funds raised are going to be spent. We have alot of upcoming news and hopefully as previously stated that will give the SP a bit more buoyancy.
I agree, im going to pick up another 1 million later today, not happy about the timing but believe in the future of the company now, makes sense to me to secure finance now, but if im brutally honest im not sure why he didnt go for more, if youre going torpedo the current SP why not try and secure more finance, at our current cash burn how far will 3.5 million take us next year?
I'd be over the moon with 1.3p by end of year, be nice not to see my UFO holding red for a change, its been a really difficult hold and a tough year for LTH of UFO. I'm quite happy to hold this for the next couple of years, I'm hoping EH results will push us to 3p in the near term and give me some breathing room so i can relax. I always had 10p in mind to derisk my initial investment whenever that comes and let the rest run, good luck on getting your extra 2 million, see you in the 8 million club.
to be honest smiller, I didn't intend on holding so many but i needed to average down a fair bit, id like to think i can get to 8 million before the end of this year if the SP doesn't run away too much, its my biggest holding by far which is risky but with great risk comes great reward and all that.
If we got to 10p next year id be over the moon, 65p!! I'd be sat on 4 million quid, don't see that anytime soon, but im happy to be proven wrong, still waiting on 1.3p and my break even, ive been a long time underwater....
Strap on a pair gents, crypto is volatile on the best of days and nothing goes up in a straight line, ARB had 3 major consolidations on its way to £ 3 +, the SP has been on a rocket over the last few days and there’s some gaps to be filled, some consolidation and finding a new level of support will do us no harm. Day traders will be selling off and waiting to buy back in a few days and between now and then they’re going to try and scare a few newbies on here into selling to get their entry a bit lower. I’m here because I think a lot of folk missed ARB and are looking for another cheap entry crypto play, BTC is about to break AH and money is piling in everywhere you only need to look at SHIB to realise that, once our SP gets moving again FOMO is going to kick in and we will be on a rocket, ARB made most of its gains in a matter of weeks. Buy , sell or trade it, it makes no difference to my position, I’ll buy the dips and wait for peoples greed to kick in, good luck all.
Its been a tough year that's for sure, i nearly bailed a few times during the summer, I'm still holding all my shares and hoping for my break even of 1.3p been averaging down since 2.5p, UFO is by far my biggest holding which i know is not always prudent but unfortunatly ive had to throw in alot more than i would have liked to average down. Congrats to everyone thats held and thanks to all the regular posters, its been a long 12 months since the 3p highs and hopefully we can look forward to some upward momentum into 2022.
Agreed Paulq, BBG has not had a great year, over promising and under delivering and its killed the sentiment, with the news we have on the horizon the SP should be rising in anticipation, but we have no volume, PIs are not interested in UFO at present, trying to run multiple sites in multiple countries was a pipe dream and now all our hopes rest on the upcoming Iron DSO and EH initial drill results, if the BOD can’t get the SP moving north at what price is the next placing going to be? Folk on here talk about having money in the bank, we have zero money coming in and a lot going out, there’s got to be another placing this year and that might be the final straw for a lot of LTH on here, myself included.
Bore off naps, are you seriously suggesting I’m short, FFS I’ve been here for over a year and I’ve been underwater for most of it, we have zero market sentiment and we are going to be 0.6p before we know it, I’m still here but let’s be realistic UFO has been a dog this year, I’m holding a 1.3p average and I hope the next placing is above that or I’m going to be underwater for the next 12 months.
Bill needs to get his finger out, we’ve been on a slide for nearly 12 months and we are going to 0.6p, it’s a long way back and that’s not taking into account any more fund raising before the end of the year, UFO is turning into the dog of AIM, once PIs are back to break even I wonder how many will look to move on, with UFO having so little positive market sentiment in its favour?
I didn’t say q1 2022 for COVID, we don’t have a timeline yet for COVID/agile the only fixed timeline we’ve been given up to now is q1 2022 for autoimmune, the SP in my opinion is going sideways until news, mine are tucked away going no where, just hope we have a positive outcome to agile.
There’s no news on agile and the most recent RNS gave us a timeline of q1 2022 at the earliest but we’re going to 10p tomorrow?!mine are firmly in the bottom drawer for now, 6.5 p tomorrow and sideways after that until news.