The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
It’s not pumping and dumping - every dump has been due to placings. Circa 80-90m shares churned in around 12 months.
The placings stop, the sell pressure decreases- only then will we get a true picture of where the market values this imo
Really have to question the motives of people who post on here best part of 400 times a month!
Verging on addiction, quite sad to see.
See the chorus of ‘placing required’ has started up again- only 5 days since the last. Quite farcical.
Usual suspects upping the negative rhetoric.
Constant 'this is going lower' 'sub 30p_. Multiple mundane posts. Its down 0.76% today and flat since January.
Why don't you put remove yourselves from the forum - and go an live your life?
Was gonna say the same Daniel.
Low ball open offers would be likely be rejected by the board and shareholders.
Hostile takeover with a large company buying shares on the open market would send the SP into space- this is a small cap after all.
I do agree that the companies actions leave it open (to a lowball of say £1) and the constant dilution should not continue for this reason- but to suggest anyone who wants this company at 45p can have it is unrealistic.
Just cause I don’t post everyday like yourself - doesn’t make me ‘new here’. Don’t be so naive.
News flash for you- people sell shares- that’s the market!
If there is a raise (I’m not saying there won’t be in the future) it would likely be for £10m+. The trading volumes here do not signal it - you mention patterns- the last forward selling forward crashed the sp 50% in 10 days. The pattern here is it has traded sideways since Jan 10th within range. Of late the lows have been slightly higher (32p as opposed to 30.5 in mid Jan)
The share price has dropped half a penny- get a grip! The SP is range trading.
You call a placing (volumes no where near big enough volume to signal forward selling) or a 10% drop every other day (usually at 8am)
You are not a voice of reason.
If art had reloaded Tennyson with tens of millions of shares - the forward selling and dumping would be a lot heavier than the selling we are seeing at the moment. They would be dumping multiple millions a day. It’s simply range bound, waiting for news in a market that is in turmoil due to war.
I think what is fairly obvious is share trends up in the trading range, certain poster goes missing for days. Share trends down in the trading range- posts 20/30 times a day, generally negative spin- protecting the world from ‘clueless tampers’
Getting far too obvious and now the usual placing talk and sub 30p chat. Yawn.
Ultimately its only those 50k and 100k share dumps holding this back. 42m shares to dump from the 32p placing last year - we have had around 1 month of trading in this range. Once they are washed though, the shackles come off and this can trade more freely. Suspect a decent amount of money waiting on the sidelines for this to happen / and for this to break free of the 38/40p resistance.
Although the price action is useless - Surely we are best to wait for news till after the consolidation.
Wouldn’t want good news to boost the SP, only for PIs to sell off on Friday cause they don’t understand what’s happened to the share price..