The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Don't look at the share price everyday. If you are invested, leave it and check it once a week. This will take several months so give it time to get back to where it was. It's only a loss if you sell now, so be patient and give it some time.
It will be one main seller (you will see big chunks sold off) and you will get smaller sellers as people are impatient and want a quick return and so move out the share and go elsewhere.
Head down for now and should be a decent mid term prospect.
Nope. When this seller has finished selling, there will be an TR1 issued. So looks like the share price will remain low until that happens and this seller is finished.
Look like sells comparing to prices around that time.
i'm confident mid term this will head back up but short term is stuck until the seller is out and we get a TR1.
Same as always looking at the charts, a big dip taken down followed by a big spike. Hang in there.
Yeah a bit disappointed by results. With all the new contracts was expecting a higher revenue number (appreciate 2021 will show a full year of revenue on these). I think that he is a good Chemist but not so much a businessman, hopefully the new figures on the board can help there. Still broadly optimistic but they need to step change financial performance to get this SP moving.
Yeah it is annoying but RG nearly out. I went back through the old RNS' and RG had a 29% holding back in back in 2015 and now down to 4.88% so he is getting there. Share price has held steady despite his selling, hopefully he will be out in next few months and we can get moving.
Happened the last few months. They drag this share up and down.
Usually bottoms out at 1.9/2p and then moves upto 2.7/2.8p to buy and then back. Guessing a big buy will come through or we will be back to say 2.2/2.4 soonish.
I understand the frustration with the SP in this share. My summary would be:
- Lots of encouraging updates and tie ups with large companies.
- Richard Griffiths a large shareholder has been selling, down from a 15% stake to a 5% stake, so nearly all out.
- If he hadn't been selling, supply and demand tells us this share would be tracking upwards, encouraging it has stayed stable despite him selling 10% of the company.
- Unlike other shares, they are lots of reasons to be confident, it will require patience and once RG has finished selling it will rise as other institutions are buying in.
May take a number of months but very encouraged that this will break through 2.8p and head upwards.
Well that's my small buy this morning. Obviously buys still showing as sells. Good to see RG down to approx 5%. Getting closer to him being out and then we an hopefully move on up to our destination.
Yeah this has been a dog of a share for a long time. Will keep holding but the company definitely don't help by not providing any updates. Hopefully that will change but confidence pretty low.
Foxhill, I also thought go away to Ken if he is no longer here on this share, but he is still entitled to his opinion.
Not sure why you get so emotive in your language. I am in here and holding longer term, no need to get personal with insults.
I hope we all make money here.
Jeez calm down Foxhill. People are entitled to their opinions, you might not agree with them but doesn't mean they can't share.
Good support for the share price. Yesterday there was good support at 2.3p and today we have good support at 2.6p with MM's moving back to 3p and 3.1p. Great to see!
Looking good this week. Even today the Level 2 book is looking stronger.
Support building 2.3-2.5 and mm's at 2.7 - 3p which is encouraging!
Need a few buys at 2.7p and then should move quicker.
Fair play Brad, stay in a few months and should hopefully get a decent return!
Could be a multiple of reasons to why he is selling. Hard to know, anything from no confidence in the company to better opportunities elsewhere or wanting money in cash, to family problems etc. No idea. Agree it is frustrating, but just have to ride it out.
I am encouraged that despite R G selling hi shares the share price has gone up and has settled nicely for now. Gives encouragement for the future. Along with all the positive news updates we have received. Might mean we have to hold on a bit longer than initially thought but definitely a positive vibe around the company at the moment!
JAdam, appreciate you taking the time and for your reply, very clear. That all makes sense to me and have made a note so that I should understand future RNS's.
Thanks, yes that is true. We don't know all his intentions.