The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Alot of people still buying even after a horrible rns. Obviously most investors still think its cheap and will have quick return above 8p.
... at the "current" price when they make an announcement eg if its 20p when they issue an offer so discount to that current price. I'm hoping it's the latter as then the next statement makes sense to hold off until market conditions are more favourable. Things marginally improved from the very low 6.75p at 8am, so let's see how market is now deciphering. Still needed a bit more in rns why require a fund raise.
I had to read the rns a few times because it's so misleading. They should employ a legal advisor to go over what they say in rns. So would discount to current share price mean discount to 10p or discount to the share price at
Adapt those machines to make pregnancy test kits, will never go out of season lol.
I agree, I already said if they need money they not getting any from me at 5p a share. Happy to support at 20p, otherwise they can go and cry of the mess they made.
Lets face it who will placement share at 5p - no one. I definitely wont be. So they wanted to raise 8m from overdraft, got 2m. when announcing no short term funding, they knew about £2m overdraft - so they cant go back on their word in any circumstance. Increase share price to 20p then place an offer at 20p, im sure that it will be accepted by existing shareholders and new shareholder otherwise they have a very difficult job convincing the capital markets to raise the required funds. If they made a deal, they can ask for advance payment and use that to deliver. There are many options to get around this, starting with a positive RNS from Jag or even a buyin around the current price of 10.65 to show he means business!
Haha ?? ?? ?? ?? haha ?? ?? ?? ##€÷%@&82%##
Odx isn't a covid company and never got around to being one. So idea of going bust as a covid company doesn't apply to odx. Rest of portfolio is doing as pre covid levels, but with a lower undervalued shareprice. Plus subject to no repayment, cash in the bank. Total assets is more than current map, so I'm content that share price is a temporary blip and will go up to 20p.
I agree it doesn't add. You can't say no placing short term and then do a placing 10 days later. Bonkers. I looked on LinkedIn, 7 job opening two days ago in Cambridge. Again makes no sense for a placing. Map 20m same as abdx and gdr, but our revenues have always been better and less loss. Even of 2.5m needs to be paid back, it won't be straight away, surely the got can be leneint and ask back in installment over a long period given they the one that made the mess. They now have 17m of equipment they can make good use of it for producing other stuff. Makes no sense, rumours just to profit the shorter.
Thank for sticking up with my figures, otherwise I would doubt on my ability to do maths and have a maths degree and doing complex calculations everyday for a living lol.
Computer I'm talking about after the 50% discount we will be 66%. Or more precisely 183 current shares in issue vs 183 + 100 after placement. Ie 64.7%. If they sell at 10p to raise 5m then only need to issue 50m, then we own 79%. Unless you are saying we end up with a share price of 2.5p then you are being ridiculous.
Computer do the maths 5m at 5p is 100m shares vs current 183m shares. No way we end up with 33%. The article is fake with fake numbers. Stop spreading rumours.
Also if 5p is the placing, need to sell 100m to get 5m. So existing shareholders is 66% not 33%. Extremely awful reporting by share prophet. The content doesn't make logical sense.
Couple of weeks ago this was 20p, why offer at 5p, makes no logical sense. Should ask the market makers to drive the price up, we all know market makers are dodgy.
I'd like a big american company to takeover and pay 50p a share. 100m be very cheap for multi billion dollar health company.
This journalist i googled is not a credible source of info. So wont pay attention. when they said short term no need id expect a minimum of 6 months of no placing etc. Also makes more sense to raise capital when share price improves to get more money for less issued and less impact of dilution.
Yes alot have netted off. But so far, £100k worth of more buys vs sells, which is unusual, so buying power is winning.
I see quite a few 100k buys going through.
What's your prediction, 20p, 30p etc? I expect a rebound to 20s by end Feb then will be stuck there for a very long time.
He hasn't jumped ship, he hasn't joined another company as per LinkedIn. He was sacked for the bad handling of the lft contracts. Somehow it makes sense for jag to be in control to get the sales higher of non covid business.