The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Orchy,
This is the logical way forward. There are a range of numbers that can be attributed to Duyung but even at £45m people can see this treble bagging from here.
That's pretty much the size of it. When people move on from the horror of this weeks drop and realise the multi bag potential from these lows based on a k own asset not an exploration effort, that may fail, the we will move up. To the 5-6p range in anticipation of true worth around 10p ish for a Duyung.
Let's hope people don't miss out on these bargain prices and make some dosh back.
Yes
But also 20m debt I believe.
2.56p for 8 to 10p shares based on Duyung.
Too good to resits. Over to TK and Cenkos to reiterate this to the world.
To the fact EME have an assets worth 9-10p they are about to realise.
Drop overdone....the chart is so obvious to go to 5.5p. Added once again at 750k now.
https://twitter.com/thecitymile/status/1519600451049644032
Much better, totally undervalued now
https://twitter.com/thecitymile/status/1519567368992743426
Plenty of early buying, including me.
I think its fair to say TK is well aware of the needs for news at Duyung.
Even if the actual news is a little out of our hands, their is no reason why TK cannot do some PR work and showcase how undervalued we are at the moment.
Obviously, today they looked to get rid of all the spread betters and CFD holders. I think things will improve here over the next few days and we will find ourselves around the 6p mark in anticipation of news from Duyung.
I think all the panicers will have sold. We are now into buying the real and given potential of Duyung.
It's worth 9-10p and you can buy for 2.5p I think alot are seeing the potential in that.
MickR,
We know Duyung is worth 9 to 10p. MM's making a market on news. and over reacting as usual.
Buying in here means even at 5p you can double your dough, 7.5p triple it - and that's just from recovering the oversold position and in anticipation of Duyung without reaching it's full value.
My strategy was sit on my hand or buy - I have trebled my holding this morning.
Well its worth 9 to 10p so made sense to forget Jade and buy for Duyung.
a 3 or 4 bagger in its own right from here. That is mine and I suspect others recovery and value plan.
https://twitter.com/thecitymile/status/1518850777514713093For balance the chart prove right when the initial inverted head and shoulder broke down along with going through the 50DMA.Hopefully people can recoup some losses the bounce. GLA
https://twitter.com/thecitymile/status/1517037824184365056
Compelling reasons to buy
My thinking too RT. CLN's are ending they don't want to be in this a minute longer than now as the window is closing and they are 100% risk adverse.
Think we could see this quickly shift to 16p -20p once they clear, on the back of shows and net pay targets prior to any flow test.
Now is the last time to buy at the level IMO.
Chart looking strong too.
Don't know DRB chart is starting to look like it's going to pull back in the meantime.
Lucky,
I take it you haven't bought in yet...lol.
....given yesterday late rise. Back to sleep and more fun and games with the MM's then today.
** Following feedback from the UK HSA and significantly diminished market demand for these particular products, the Company has decided not to pursue approval any further. Demand for these products can be substituted with other products in the Company's portfolio
Can only think some are spooked by the paragraph above. Quite why NCYT feel the need to mention this I don't really know. Makes me feel they are complicit in keeping the SP under wraps.
Suprising price action :-/
I am now expecting this pretty imminently.