The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I want to invest in GST, but until it has FCA approval, it is best avoided for now. aimo.
Well read David. I never like to see interviews read off a script. No mention of their huge deficit.....
Nobody seems to be talking about this huge deficit of theirs. It is clearly in the rns for all to see.
NOTE 2 - GOING CONCERN
As of December 31, 2023 the Company has an accumulated deficit of $42.8 million and during the year ended December 31, 2023, the Company incurred a net comprehensive loss of $6.4 million (2022: $8 million) and negative cash flows from operating activities of $1.5 million (2022: $7.5 million). The financial statements have been prepared assuming that the Company will continue as a going concern. Under this assumption, an entity is ordinarily viewed as continuing in business for the foreseeable future unless management intends or has no realistic alternative other than to liquidate the entity or to stop trading for at least, but not limited to, 12 months from the reporting date.
Just be careful folks. Impending war in the Middle East will weigh heavily on this share imo.
I got out of this when it was 0.50p years ago. I cannot believe this is still going tbh. People talking about averaging down makes me chuckle. Average down to what...???? Dust?? aimo.
The only way is up from here. This looks very very cheap at these low prices. Hopefully will be knocking on the doors of 0.10p very soon. GLA. In the doctor we trust.
There is nothing positive to take from this morning's rns imo. The shorters will be all over this between now and Xmas and are well aware that there will be at least 2 more raises before the end of this year. I 'may' invest in this after the raises and after the shorters have taken their bite out of this. I will ignore the pumpers as they are currently nursing losses and are the ones left holding the baby. aimo of course. See you all at Xmas. Until then, I will watch the share price tumble.
How many of you got spiked this morning...?? Should have listened to STZ. The voice of reason.
The truth is Alan and Bline, I was ready to invest a big sum of money in this share next week, but that is not going to happen anymore. I can wait until Xmas this year, after the imminent raise and waiting around for spare parts and third parties to sort themselves out. The share price should be around the 1p mark by then, or indeed sub 1p imo as nobody likes delays and fundraises. aimo.
Reading all of the comments on this message board this morning, one can quite easily observe who is invested and who is not. I think the ones who are invested are waking up to the realisation that this is not happening any time soon now and they are trying to convince themselves and everybody else on here that all is fine and dandy etc. Unfortunately, as most of us already know, delays and fundraises are not fine and dandy. aimo.
That is exactly how I read the rns Darien. More delays at the mercy of third parties. Even at the end of the rns, I was expecting there to be another paragraph, but it ended rather sharpish imo on the spare parts timescales and mercy of third parties etc. The rns basically reads, come back in January 2025 after we have completed at least 2 more raises and further dilution off the back of yet more delays etc. Sub 1p by then imo.
I am very impressed with Dr Andy Butler. With him in charge, let's make some serious money guys and gals..!! Chuditch here we come. GLA.
I would advise everybody to be very wary of the rampers on this message board. They are ramping this share for their own benefits as they more than likely entered the share above 3.9p. Every day they come on the board and ramp the hell out of this share and drag innocent people into their nefarious games. Just be careful. aimo of course.
Only if it holds 3.45p which it won't.
The charts have this going down with the range being 3.07p to 3.45p. I expect this share to drop today and tomorrow, but by how much? Your guess is as good as mine. aimo.
Even the MMs are staying clear. Says it all really.
Looks like I was right when I said who is buying above placing price? James Bond 0.07p incoming if it carries on sinking. It is like going on a date with someone with herpes. It is not going to end well. aimo. gla.
You are probably right Wakey. This has James Bond share written all over it. 0.07. aimo.
That makes sense PKR. Shame they didn't clear that up in their rns this morning. So basically, they were under subscribed by 47K in the retail offer. For a company who need the money, I still find it strange that they couldn't hit their 200K retail offer target.
If they knew they would not be able to raise the 200K, why didn't they extend it by a day? The discrepancy in the rns is baffling. I am still confused as to how much they actually raised in the retail offer. Was it 150K or 180.8K....? Your guess is as good as mine.
I just find it very strange how and why they could not raise the full 200K...? Clearly, there was not a huge demand for the shares perhaps? One sentence says 0.15 million and the other sentence says 0.18 million. Strange.