The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Notabloodyclue... couldnt have said it bettter
people are getting impatient because the BOD arent working to the timelines that individual PIs have set
the BOD will get it done when it's done
i have no doubt it will be rewarding to hold from here
not to mention an insti buying in at 26.5p, im sure privy to a lot more information than we are
so hold for gold, or palladium, it will come good "soon" - that might not be in the next few weeks, or it might be, but in the grand scheme of things im sure we will all be glad for holding out
Zibrahimovic, I'm confused by your post
why are you holding if you think this share is so bad and the sp is going to tank to 9p in the next few weeks - surely youd sell out and not waste your time waiting for a divi that isnt going to happen?
Hi Opto-pessimist,
I actually think that's a very credible theory. I have been wondering why we are held at this price range.... every other time in the last few months that we've been held an event has happened to make that clear. 29p - Alexei, 26.5p - placing, and I have been wondering too if there was an event around 21p that we should be looking out for but I couldnt make predict what it would be
i definitely believe the divi will be over the current price so it doesnt worry me that we are down here and im at a loss, and i believe the BOD that there won't be another placing anytime soon unless new resources come to light
so i like that theory a lot opto-pessimist - the MMs are pricing us at WK until we know for certain what is being sold and what is being retained
Hi Bill,
I wouldn't disagree with you on this if the BOD hadn't release the AGM RNS
it would have been pure lies for them to say there wouldnt be another placing unless the Rosgeo JV has higher resources
it would also go down very disagreeably, considering they havent said how the 23m they currently have in the bank is going to be spent and as far as we are concerned hasnt been spent
The BOD know better than this - and if the Rosgeo JV does have more than the expected resources I imagine they would release this to the market before a placing
The best way to protect yourself is to do your own research. Many stocks with great potential are ignored by Wall Street. By doing your own homework, you should feel much more secure in your decisions. And, even if the S&Ds attack your stock, you will be better able to detect their distortions and be less likely to fall prey to their spurious claims.
https://www.investopedia.com/articles/analyst/030102.asp
I found this article so interesting:
An S&D trader's main goal is to profit by shorting a stock prior to smearing the stock publicly. The theory is that frightening the stock's investors will cause them to flee en masse, thereby causing a decline in the stock's price. A short-and-distorter's scheme can only succeed if the S&D trader has credibility. Therefore, they will often use screen names and email addresses that imply they are associated with reputable entities, such as the SEC or Financial Industry Regulatory Authority (FINRA). The thrust of their message is to convince investors that regulatory authorities have serious concerns about the company and that they are contacting the stock's investors as a gesture of goodwill.
'Short and distort' traders clutter message boards, which makes it very difficult for an investor to verify the claims. "Get out before it all comes crashing down" and "Investors who wish to enter a class action lawsuit can contact …" are typical posts, as are their projections of $0 stock prices and 100% losses. Any individual or entity that attempts to contradict their claims becomes the target of their attacks. In other words, the market manipulator will do everything in his or her power to keep the truth from coming out and keep the targeted stock's price heading down.
An S&D trader's main goal is to profit by shorting a stock prior to smearing the stock publicly. The theory is that frightening the stock's investors will cause them to flee en masse, thereby causing a decline in the stock's price. A short-and-distorter's scheme can only succeed if the S&D trader has credibility. Therefore, they will often use screen names and email addresses that imply they are associated with reputable entities, such as the SEC or Financial Industry Regulatory Authority (FINRA). The thrust of their message is to convince investors that regulatory authorities have serious concerns about the company and that they are contacting the stock's investors as a gesture of goodwill.
'Short and distort' traders clutter message boards, which makes it very difficult for an investor to verify the claims. "Get out before it all comes crashing down" and "Investors who wish to enter a class action lawsuit can contact …" are typical posts, as are their projections of $0 stock prices and 100% losses. Any individual or entity that attempts to contradict their claims becomes the target of their attacks. In other words, the market manipulator will do everything in his or her power to keep the truth from coming out and keep the targeted stock's price heading down.
When a 'short and distort' maneuver succeeds, investors who initially bought stock at higher prices sell at low prices because of their mistaken belief that the stock's worth will decrease substantially. This selling pressure drives the stock price lower, allowing the S&D traders to cover and lock in their gains.
The timescale of this sale isnt unique - companies have been up for sale for far longer than this and we know the landscape has changed drastically in the last year
Would anyone be happy having had a deal completed in march knowing that the BOD could have done a better job for the sake of a few months wait
I am getting so sick of all the moaning
Many people, including myself, are underwater
But if youre here for the right reasons and have done your research that shouldnt be an issue for you
Do you really think the BOD has any control over the sp- wouldnt you rather them focus their time on the sale above all else
Reread the AGM update on 22nd june and take a chill pill
Itll happen when it happens
Im hoping for news by 12th July - that would be 8 weeks since end of FSP and I don't think they would have exited the FSP without a timeframe in place
they had a proposal from a credible party, which in my mind means that party had been in the data room, knew what they were buying and its was just a question of calling off the FSP and progressing with that offer. Hoping its just all the legal formalities that are being tied up now