The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The slow decline of this share is not a pleasant thing to be part of.
Is there really no appetite for this company? Given the de-risking and the potential income, have the govt stuffed this up so significantly that no one believes in this as a lucrative venture?
I'm only a small holder compared to others but, this is an uncomfortable ride to be on.
Thanks. I have been in this share for over 5 years. I normally watch from the sidelines and read all the posts, not filtering anyone.
I have enjoyed the arguments and counterarguments posted here. The one thing I have noted in all that time, is the sentiment has often outweighed the news. Now, when actual news lands, the market seems to be deciding the share is worth less than it was yesterday. Painful for many including me.
Question now is, will I settle in for another long wait to realise any significant value to reward my patience?
This can happen when the account holder doesn't have enough cash in their account with the trading platform to cover the annual fee. I'm with HL and they sell some shares to cover the fee when I forget to top up.
I might be wrong but it's the only way I can think of this happening without getting into the whole conspiracy theories conversation.
As I said in my post, I am aware that AIM is like a casino. You shouldn't walk into a casino betting your house if you don't want to accept you might have live under a bridge.
I have invested only what I could afford to lose. I have avoided the get rich quick schemes and mentality (I would have been better investing in crypto - but who knew).
I have been patient here and you won't have seem me moan or **** anyone of in my post history. I was just voicing my frustration on the lack of feedback given to PIs who supported the BoD (orchestrated by AJW). By anyone's assessment, they have not protected the share price and that is why confidence is rock bottom.
Given your animated response, I detect you are also frustrated at the present situation. I'm sure there are a significant amount of holders who are keeping their thoughts to themselves (shutting the f*ck up). I was just pointing out the obvious and the similarities to FRR (which also seems to be a disastrous investment we have in common).
After all, aren't forums there to stimulate conversation and let us air our opinions???
Sub 1p. This is now following a certain FRR's footsteps. Share price decline despite the promise of 'black gold in them there hills'. Along with boardroom maneuverings that wouldn't look out of place in a plotline from Dallas/Dynasty. If this carries on, there'll no doubt be court cases and we'll be left picking up the flotsam as the ship disappears under the waves.
I am invested here. Came in at 12p and averaged down to 6p. Watched the messages as the 'attempted coup' was being fought off and hoped the BoD would reward shareholders who supported them.
You can't give, what you don't have. Confidence here is rock bottom and no doubt if there were to be some type of take over, then us small fry would be buried without a thought.
I know this is AIM and akin to a casino. However I had looked at BLOE's efforts to prise oil out of the ground and the support they have from some quarters, with a certain amount of confidence. Oh well.
Filed away in the draw with FRR - laters
Tommy, They have appointed one of the key players connected to JOG's fund raise:
(In the last 12 months, whilst at Arden Partners, Chris led the Corporate advisory team on the IPO of Anexo Group plc, raising £25m; the move from AIM to a Premium Listing on the Main Market of Palace Capital plc and a £20m fund raise by Jersey Oil & Gas plc.
Chris is a member of the Primary Markets experts group of the Quoted Companies Alliance.)
Extract taken from their website
Alibro, I wish I'd done the same.
Got drawn into the swamp after getting fed up of nil returns through property rentals (Thanks Osbourne) and traditional savings.
I too became attached to shares that I should have ditched. The most expensive of these was Frontera. They should make a film about that one.
I'm still hanging in here, but unlike some am considering cutting my losses. I don't see a way for this to turn round in the short term unless the firm go on a positive news offensive.
Just looking for an alternate to compliment my other stocks.
Thanks Mooching. Very helpful. I got in at near the issue price so any rise from there is good. I just don't have enough funds to invest more here. My other amateur (AIM) ventures have not faired well. I need to get better the 'DYOR' lol.
Thanks again
R
Hi All,
I ahve a very small holding in this share. I am an enthusiastic amateur investor.
Can someone take the time to explain in simple terms the outcome following yesterday's announcement? Is this going to go the way of some of the shares I have owned and be diluted to the extent it becomes worthless?
Will the shares 'we' hold be transfered to the main market and out of the casino that is AIM?
Thanks in advance.
R