The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Bit of volume suddenly this afternoon.
Even with the clarification RNS, I'm not sure there's much of a case for optimism. It's all pushed back into the 2030s now so there's a long time to wait.
Some decent sized buys going through at 14p now. I'm betting on the bottom being in and have topped up.
As long as the wider markets hold up this is good for a 10% move up over the next week, plus people will begin positioning for the finance approval RNS in early April.
Risk/reward here has changed massively now. At this price you've got a penny or two downside and potential 100% upside.
Getting a chunky payout at the end of this week that will all be going in to HARL.
I've been nibbling all the way down today but now I've taken the decision to sell a couple of other stocks and add properly. Not often you get such a misprice to take advantage of.
I wouldn't rely on that as a number. The total volume is 15m now, so 15m shares have changed hands overall.
This is playing out exactly the way an exhausted seller usually does. They start dumping at any price to get it off their book. Will be a different story in a few days.
Been watching L2 on HARL for the past week and this looks like the Killik holding in its final death throes.
Taken a few off their hands to help them out.
Why the delay?
In that period they had to defer revenue to this year and they've signed all the contracts for FSS. If you're about to let someone borrow £200m you want to see solid numbers and contracts.
I was just glad to see that they still expect to see it signed by end of Q1. Should see a steady rise now.
Completely agree Trendz. There's been poor management of news here but in reality only about £5m of the revenue has disappeared, most of it going into what will become a bumper 2023.
I have added at 15p and may do so again next week if free cash allows. This is an easy doubler on contract confirmation, possibly even seeing 40p if the finance is sorted in the next month or so as well.
This will all have been orchestrated. A nice 10 minute extended auction while they closed out private investors and handed your shares over to institutions.
Some larger buys starting to go through on L2.
It has already levelled out, the volatility has dropped backed considerably to leave us with 1 or 2% moves each day. After it stabilises here for another day or two I am certain we will start heading towards a new 52-week high.
I would be surprised if it gets there, but would take advantage. I've added some at 21 now but keeping some powder dry in case people are silly and I can pick up more on a shake below 20. Expect a lot of people want to do the same though, which is why I've started buying here already.
Pretty spot on I would say. I top sliced about 10% at 25p (I usually play with 10% to stop myself getting itchy fingers on a conviction hold). Had a 22p order in myself which has now been filled.
Was already in, but same here. Doubled my holding at .155 as this will benefit from a lot of positive press over the coming days and weeks.
There's definitely a chance of funds being raised but I think that could even propel the price upwards as we will finally be ready to make some money.
The massive ramp up in recruitment, contract awards being drip fed out this week, Europe in a mess.
Sentiment is changing already, and then the UK government contract is going to drop.
Personally I think they are already selling more than than Q4 2020 so this year should see similar sales figures without another government contract. Anything that lands is a bonus.