The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Tend to agree on the geopolitical issues re the gas take off. Morocco government having an interest in the gas field would not want to be seen party to an agreement with a negative "country" right now. I cannot think of any other reason why you would delay signing.
what a total joke these two are.....the most recent interview is full of lies.
oh the ip, tsp suddenly do not own anymore.......not what you said in previous interviews.
lets see if the fda goes through.....my money is it will not and we will have another podcast stating that the fda came back with feedback and we need to submit more documents - but its all positive!
"the recent egm vote was a vote of confidence".....hilarious - was totally manipulated! the company had no support and the vote turn out was so high it beggars belief.
no mention of the aqse penalty and fine......... funny!
an attempt at a pump so they can place and **** more money down the pot.
totally miss leading and mr. green after all these years of interviews you still need to read from a script - you are a total joke and embarrassment to your industry.
what no one is saying is that tsp have been messing around for so long with this ip that i am sure someone has developed a better medical solution by now. its like trying to ip the zx81 in 2023!
barge pole!
I think the Hub 2021 loan can be challenged can be contested and over turned....I would be very surprised if any loan monies have been received. I think its a paper trail and nothing more.
Also the existing BOD are not going to want a liquidator looking at everything the business has done, or not done, over the years. And i think enough of us shareholders have opinions on which stones the liquidator should look under.
Well well well....it cant be the 100K from the director as that is unsecured. So the bridging loan has either come back to life or as you said its some other spivvy loan. The beauty of the debenture is that it allows the debenture holder in the event of a loan (repayment) default to appoint an administrator. So maybe here comes the ready made administration, screw the shareholders, management buy the company for £1 and amazingly the FDA approval comes through!
So we should see an RNS on the next trading day announcing what the hell this relates to!?! (Please also authorise me in the Band App)
Thanks I bought in when a mate in some spivvy telegram group told me about the company. I liked the story, but should have realised the people behind the Telegram group probably had other motives! Think the "tech" behind this has a lot of value....would like some of that value to come back to me!
Totally agree re the 100K. I listened to the VOX podcast last night......where there is a Tipster (especially that buffoon that Justin Waite always has on) there is a tout.
Well i am 90% down....have a small shareholding so just left it. From these levels it should rise. Cant help thinking that once the recent management team are kicked out the new team will need to do a raise. Although they all seem US based.... I will keep watching.
Okay so lets assume then 2 Million is attributed to Fragrant then its a relatively simple calculation. On suspension the company was valued at 321K.....at 2 Million the current share price would need to increase 2Million/321K = 6x. So from the current share price the share will increase 6x. What will however happen is some rearrangement of the number of shares in issue - HI5 say the shareprice will be £1 for 47 Million Market Cap....not sure if the 2 Million is included in the 47million or whether the market cap will be 49 Million. But to equal £1 pound the calculation will be market cap / share price = Shares in issue. So probably some share consolidation will happen. BUT the only important thing here for Fragrant holders is the shell valuation. So if my math is right and the shell is valued at 2 Million then the underlying shareprice before the RTO is 3p.
If my maths and research are correct.....HI5 is stating its share price will be £1 after RTO. FPP, suspended market cap was 321K. So on relist existing shareholders will have I assume 321K of 47 Million so 0.62% of the bigger group. Unless FPP has valued itself higher in the transaction.........This bit we do not know at the moment.
Its is worth taking the time to google some of the terminology and read up a little. We have a basin that is also seen in the North Sea gas fields. I am far from an expert. But todays fall is totally overdone......DYOR.
My personal hunch and thats really all it is.....is some move into EV supplies, batteries maybe....would seem a sensible move. This said if you review the BS and the PL its not to much of a stretch for this to start showing 3 to 5 million EBITDA. So not really a stretch to value this company at say 50 to 80 Million. Hence my tweet earlier that this could do 1 Quid! And very quicky 20p.