The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
takeover hasn’t *just* been suggested by matlot, it was actually asked to BoD as early as the Q3 results conference call by one of the analysts as the obvious elephant in the room - and it still remains a possibility.
IMO its not so much the current miss which saw the mark down in the SP today, more the outlook statement for which rate of decline continues could mean EPS of 13p ish in FY 22 which puts this on forward PE of 8 at £1 a share. Probably about right but hopefully a new CEO is appointed to stop the decline.
Speak for yourself I’m not stuck with it and not down at 2.05 on an SP basis. altho when you factor in the opportunity cost of being here, then yes ok you could argue it’s a below average performer, but too stubborn to walk away now lol
agree SurreyLad that there should be some winners here, don't really know enough about it myself which is another reason i'm steering clear lol. XRP seems to come up a lot as my mates were on about it so I had a quick skim but nothing more. best of luck, hope it 100 bags :)
XRP is not mineable and therefore not linked to a computational finite amount that can be bought into circulation. far enough you may make 100x but it may be worth 0 if management decide to place billions more onto the market in the flick of a switch. only 2 cryptos that are minable (therfore finite supply which provides some sort of price support) are ethereum and bitcoin so would perhaps consider these but crypto currency not really my bag. each to their own i guess and depends on risk appetite, portfolio weighting etc.
morning all. FWIW my personal target is 350-420. nothing to say it couldn't go further north of this on execution of decent recovery plan but I like to keep my SP target models realistic and weighted to the downside so as to not disappoint. gla