The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Looks like somebody's short is running out of juice. Should see a quick and violent rebound soon. Such fun!
Is it any wonder the share price is where it is when you consider the "market" is made up of thousands of Drules.
Completely irrational behaviour. It's a bit like a group of schoolchildren playing football. They all keep rushing towards the ball, this way and that. In a couple of weeks they will be rushing to buy at significantly higher prices than they sold out. Of this I am absolutely certain.
I have said it before, but there is no coincidence in the fact that the Progressive report is placed prominently on the homepage. And the fact that JJ mentioned that very report a number of times during the FSC. They are doing their best to give clues.
"It's amazing how stress keeps you thin" - Peter Andre.
Yes, make sure you read and absorb all of Jez's pearls of wisdom Chesh. There must be many. Even though I haven't found one yet.
Longwait. The panic selling is caused by a concerted effort, across the bb's. As is very obvious. Unfortunately a lot of PI's are very easily influenced (into buying and selling) so those who seek to take advantage find many willing victimsl. Whenever I read comments on here and other bb's, I can't help but think of Bill Sikes and the song "Gotta pick a pocket or two". Such people thrive in others misery. It is sad. But it is the way of the AIM these days unfortunately.
hennabibi. I agree. But what I or anybody else says on this irrelevant bb is not going to make the slightest difference to the price at the LE, which is what I am waiting for.
The independent valuation for the Horst is circa 25p. That is not in any doubt. The only thing that is left to ponder is the value for the rest of the license.
In the meantime, a few traders will try to make a few meagre pennies from the news vacuum. That in itself is very fun to watch :-)
"If the share price falls to 7p today then the market cap. Is not far behind at £75 million. That is only just above debt at £30 million."
Debt is £25.2M. Which is considerably below £75M.
"Admittedly the debt is not due for a year or two"
Not due until June 21st 2021.
Apart from that, your post was filled with factual information partridge. Well done. Keep it up!
Because the share price is almost entirely influenced by PI's. And the vast majority of PI's are as thick as pig shit. Very simple. Those who believe in the Horst and the rest of the license will hold/buy. The funny thing is that all of the half wits shouting at buses on here....also continue to hold. Very odd.
Jez. I am sure that Crudehope is thrilled that such a respected person such as yourself, full of integrity and moral fibre, is vouching for him. Will be back in the morning to see how many posts Crudehopeless has tried to remove.
"Crude the whole point of me telling everyone it will touch 7p is so the PI don't top up now cause they can buy it at a lower price"
Ah, that's so sweet - he actually believes that some folk listen to what he says :-)
The article basically boils down to:
"Whether or not Sound is able to sell its Eastern Morocco portfolio for a worthwhile amount is anyone’s guess. However, the point is that this is irrelevant in the context of the current trade."
No sh.t.
Jez. Not sure where you got "bipolar" from my post.
I was merely pointing it out for fun, because I am sure very few on here take anything you say seriously.
Jez at 21:09 yesterday:
"I have given it some more thought throughout the day and I have reached the conclusion that the amount raised was a very specific amount to fulfil a very specific purpose, which I suspect has something to do with our conclusion. And so hence, I believe the LE could come a lot sooner than people think."
Jez this morning:
"Yesterday's raise smacked of a bidder dropping out at the eleventh hour and leaving us between a rock and a hard place. They have clearly had to buy more time, but for what? Was the amount raised for a very specific reason, or was it simply to keep the lights on for a few more months until they have to do another raise or seek alternative funding. "
Good thing he isn't indecisive!
JP has said that he doesn't read this bb. So unless folk are using it for therapy, it is unlikely the messages will get through to him because the PI's who communicate directly with him on a regular basis (such as crudehope) will only tell him what he wants to hear. Maybe contact him directly. Every PI has an equal right to his time.
whosthebaby. Apologies, I am not going to offer you the pacifier that you are so desperately seeking on here. I really have much, much better things to do. I wish you a good day - I trust your little tantrum will be over when I check back in this evening.
"Don't you find it odd that every RNS you think is *excellent* results in the share price falling?"
I don't find it odd in the slightest whosthebaby. Because most people are as stupid as you. That's the sad realisation I have come to over the years of investing in SOU.
However, unlike you, I am perfectly relaxed in the realisation that what I receive at the LE will not be influenced by stupid people such as yourself.
The smarter bears amongst us recognise what an excellent RNS that was.
The stupider ones, such as whosthebaby, will keep squealing until somebody gives them some comforting words. Leave them to squeal.
"Shaun, I was using the figures as examples - of course no one here has any idea what the Horst could be worth if sold seperately! Don't be so god dammed picky"
Crudehope - wind your neck in! I was being "god damned picky" because you stated $100M - $200M in your post. Are you really that stupid?
And $100M ......?
I am on the side of crudehope not being an insider as well. His posts over the years clearly indicate that he as clueless (if not more so) as the rest of us.