The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Very interesting product, well done #ACRM
ID78 There are no set rules, but a buy appearing as a sell does usually happen when the execution price is below the mid between bid and ask at that time. The 'unknown' are often larger trades done during a day or more by a market maker and booked either at the end of the day or the following morning.
As expected. Buy and hold your nerve for a few weeks and exit before drill results in May if you want to take less risk, as with any drill the result is a gamble, but at least we know there is oil which is clearly increases the chance of success vs an exploration or appraisal drill DYOR
Buying increasing, ask to move soon upwards and in my mind buying at or below 0.05p will be a thing of the past soon. DYOR
Added some more at 0.05, nothing has changed. Blubay post raise they have Euro 4.2mio and of that Euro 1.1mio is for the payables, so that amount is taken care already. See last presentation from 13mins 30secs https://www.beaconenergyplc.com/media-centre/print-digital/
2 week delay out of their control is neither here nor there, personally happy about it as Spreadex will have another 2 weeks to slowly churn and sell their remaining position, which will finally allow for the brakes to come off pre drill DYOR
Looks as if peak in Sep 2022 was around 87p and around 80p again in Feb 2023
Some more yesterday, some resistance around 40-42p but once that is broken shares could move towards the 80p previous highs. In my mind one of the cheapest plays out there DYOR
Good to see Spreadex reducing by another tranche up to 5 April. Another week or so and the brakes could come off once they have done most of their selling, as usual some will position ahead of their exit.
They wanted to raise £5-6mio, order book of £22mio and took only £7.5mio. Reality is that MCAP is only £12mio or so at admission whereby HE1 is between £60-70mio. Time will tell, let's the churn start but with the interest around helium HEX could move to 20p over the coming weeks and higher into the Q3 drill. Check out the US location, great board experienced in the sector and with a clear plan with drill in Q3. DYOR
Great appointment, time will tell but hopefully will mark the start of a share price turnaround as it looks very oversold.
I'm a holder here and think that the story is interesting and valuation very cheap. Downside limited and clearly great upside potential. I think we had an historical seller who is probably out now, but at the same time there isn't a large number of new buyers coming in as the newsflow is sporadic and the patience of some investors limited. Hopefully new contracts will land soon and interest will again increase. Time will tell DYOR
Only guessing numbers but Spreadex's first RNS mentioned that they crossed on 5.3 and had 1,027,143,270 shs. 5.3 was the settlement date of the raise so let's assume they got them at 0.05 in the raise. Today they mentioned that their position changed yesterday to 922,143,270 shs ie let's say the sold yesterday and maybe the day before the difference ie 105,000,000 shs. Today we had 2x90,000,000, a 48,000,000 and a 5,000,000 executed at 0.0528-0.053, let's see if they confirm tomorrow a position reduction by another approx 233,000,000. If they continue at that pace they will be done by next week and we are already rising now with them selling, the upward movement could continue till the end of April and into May. Let's sit back and see. DYOR
I suggest anyone looking into #BCE should view the latest presentation which highlights where we are at and imminent upside potential https://beaconenergyplc.com/media-centre/print-digital/
Constant buying, no surprise as churn will end at some point and we all know that April is likely to see the start of the a rate into rig arrival in less than two weeks and side track operations.
Sheephatch, have held PRD a few times and made small gains. Overall BCE seems to have an oil discovery which needs this side track to see production and therefore I'm adding here as I think the risk reward from this level is the best. #BCE opened a gap down between 0.054 and 0.07p and therefore closing that gap is my first target here. Time will tell as there is nothing guaranteed with any of these oil and gas plays, but my take is that the churn post BCE raise at 0.05p will come to an end sooner than later. DYOR
Taken profits on small position still held at #88E and moved to #BCE . Good luck to any longer term 88E holders
Bought some more below 0.05p. 88E up 50% on flow tests of 70bopd on the upper target or £100mio mcap. Hopefully the #BCE April/May sidetrack will bring the stated significant production uplift from our oil discovery, which would make matters very interesting considering we are on a sub £10mio mcap #BCE
WhiteNight, we all have our views. Larry is stepping down as CEO as of June and will still be on the company's board and therefore not 'leaving' the company. You mentioned that you shorted BCE, which clearly would have been the right option until now, but out of interest are you still 'short' as April should be less relaxing if one is in that position.