The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Yes me too now, seems as though many are trying to exit. Sell quotes NT for large orders (I am not selling at £2.20 though)
Once city lot and those who are fearful and derisked their position stop their selling them volume and trading action can resume. Doesn’t help the daily is now Red after ydays close so on technicals the buying power isn’t as strong as the case last month
Can get quotes quite easily. Difficult for over £40k though. Who would be offloading here.. expecting a sharp rise tbh. Plenty had chance to jump ship or buy back yesterday
Panic sellers or cautious sellers have the chance to buy back now. Let’s hope it’s no dead cat bounce but a nice slow grind back to £3. A sharp rise would probably cause a massive sell off for those who wished they got out at £3. Not really what we need.
A solid slow rise over months like November to Jan is ideal
Gapped down. Tempted to buy a small batch, might wait for the first hour to be over. Cba for volatility
Why would Moex care for the move? Their ISA and listing aren’t as risk as UK people
Moex price has been well up compared to UK price before so can’t use that as a fair indicator
Can see a bounce but will the traders who bought so low keep on to 30% profits in a day after the news? Let’s hope they have sticky hands
That account has been correct several times in the past and the confidence tells me there could be meat behind it.
It looks as though the NYUD licence was to be saved to RNS, following a series of RNS’s regarding disposal of assets eg WK
Board have 2/3 months until options expire so this could be wrapped up by then, being optimistic
Also would coincide a year or so since war, which is probably what EUA have decided (not to have a fire sale but to see 1 year after the war, see where Russia is, and act accordingly). In this case, looks like Christian and co want out completely and even WK is up for grabs. Palladium exempt from sanctions update so marvellous for EUA. Ducks starting to line again
Rumours of WK sold to Japan
I like the sound of selling individual assets, massive cash in the bank for eua, pay out (minimum) 80% dividend profits as they mentioned in RNS
Then use the remainder to do what they want to pursue, outside of Russia
Shareholders left with a huge dividend and a free ride for whatever venture is next
Or full company goes on a whopper RNS. Either suits fine
Might continue a bounce back on shorter time frames
On the edge of the resistance. Either way it could break out and recover or (unlikely) drop straight away
Personally I think it’ll have a final rally as a liquidity grab, test 300p and if rejected back then (slowly) back to test a support. Consolidate and next move (Gold $2k+?) could break higher
Short term though I can’t see it beating last weeks highs unless Au does something nuts
Support at 245 (rising support line- stretching all the way back to around 14/July/22 on 2-3 occasions (it’s dipped below this level) if we don’t hold that in the coming days or weeks then unfortunately it doesn’t look good at all
On the flip side; it’s highly unlikely to break this support. It rises and hits 274p on the 16th March this year. So fingers crossed between now and then the share price doesn’t fall to hard below this trend
A healthy correction was bound to happen. However, the news is not the most ideal thing investors in the UK want to hear so can understand the panic. Don’t understand the panic selling, why give mr market your shares sub 220p when it’s already dropped from a high of 350, there’s obviously going to be a bounce before a further correction
Rising Gold, falling debt and reinstating divi’s will save the sp from any further decline
MPeterson if you look back at Newts posts they actually did create an account near the lows
They have frequently messaged around the 120- 140 mark
They have said before (last year) they’ve an average of £1.44/55 can’t remember but it’s there if you check back on their history
So them saying they added and have averaged up is believable
Need to break 281 to break this downtrend - then a nice V shaped recovery could happen.
Failing to breach 281p could mean back down
What’s with the mass exodus. A catching up of sells?
Market makers taking the mick with the price could be a scenario - since we could be off the LSE
Or maybe they’re trying to rob panic sellers by giving them some of the most horrible prices
Nice dead cat bounce off the 200 area, unfortunately my limit didn’t catch it because there were not enough funds (since I bought earlier today) I’m fuming
Well done to anyone who got that dip -40%
A clever way to fill some gaps and re test the £2 support, before worming its way back up.. or will city pockets be leaving upon that news to find greener pastures. In which case new buyers will be needed to counter all the massive sells. Luckily we’ve seen plenty today so let’s hope that lasts the coming weeks
Oh dear, thank you
Yes I’ll watch it once I’ve finished work and it’s on the website. Going to see if this news is RNS’d before I make any drastic calls. Doesn’t sound too good and if it was an omission (purposely) in the RNS then perhaps it had something to do with the NOMAD not wanting it mentioned without definitive details
And this is informally giving shareholders the likelihood of direction they’ll be forced to take it. If there is a confirmed removal from LSE listing I will unfortunately have to exit 80/90% and see if re purchasing for a cheaper price could be possible once the dust is settled and we’re in the ASX. I’m not worried about buying higher even, long term, so long as there is confidence that the investment can be traded and withdraw and fivi’s paid out to us- with no sanction risk
It’s a shame that it’s come to this, I really wish this WAR was over.
Thanks for the reply Squeaky..
Did Nesis say the ‘current’ structure we have could be ‘fatal’ hence why he’s saying redonicile is a likely option? Thereforec, LSE must be giving poly board a hard time for them to resort to this.
Fatal to me means depositing etc off the LSE. Because of Russian ties - (even though the massive companies who aren’t out barely get a slap on the wrist!) it’s therefore sensible to protect shareholders by listing on ASX.
So we can still trade it but no longer a UK listed company?
Oracle, that was me who mentioned the gaps 270-278 been filled. Can’t say I was pleased with the responses but i followed the advice of throwing charts out the window and added prematurely.
I have another one on my chart for 255-257 so who knows if that will be hit on the drop
Recovery bounce would be welcome
CT I’m curious too
Why are we dropping like a rock. Was something sinister regarding LSE listing mentioned?
I have everything in an ISA. If this comes out of LSE listing then a vast amount of my savings will be removed from an isa. This is my main concern for tax reasons. POG and probably EVR will be out of ISA if they ever return. I cannot risk it happening again
If they’re off the LSE then surely it’s outside our tax wrapper?
FFS 10% down in minutes
Talk about **** timing to buy grr
Got a few sub 300 , very oversold on hourly and 4 hourly. Daily indicates a longer term down trend or sideways consolidation
Part of me wants to wait for a better price but I fomo’d some in, hope nobody was spiked from yesterday or last week
Yes been waiting for this opportunity, seeing as the daily still hasn’t turned red since 247p so a retrace was bound to happen eventually. It’s still shown a lot of strength and staying so high has made it harder for it to drop more which is fantastic
So many green boxes just now. CTC, sumit, bill, all filtered amongst others. Was fed up of seeing non eua related posts about Rampers etc.
it is as if it’s crazy to assume the price rose because of the discovery of the NYUD licence. Buys flushed in, and the volume was insane, highest in half a year.
The RNS felt like it was muted by the regulators. But a strong indicator of a better outcome here. If it were not for the war there would be much more information, is sensible to assume
Godluck for tomorrow