The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Just as I say that.........................
Selling circa £55K is nothing and I'm sure it was personal reasons why he had to sell a few. He is still the biggest board shareholder with 9.04% of the holding plus he sold about a penny more than the current SP. Doesn't bother me one bit, I trust Dan and the board and looking forward to good news during the remainder of Q1 and beyond.
So virtually half the shares in issue are held tightly by the board or institutional investors with the board holding 25.57% of shares. Dan is talking about building the company up but keeping it nice and controlled as doesn't want a lot of expenditure and selling it in the near future. As over a quarter of the shares are held by the board I doubt they will be selling any because they know the end game and IMHO that will be a buyout within 2 years for many multiples of today's share price. I will take my stake off the table on news of NXP002 as should be easily 100% in profit by then and will leave the rest to roll until we are bought out. Best of luck to all other genuine long term shareholders.
Cathal also put £300K of his own money into the placing. Just got to sit on our hands ladies and gents and for the next year or so and be highly rewarded when the company is sold.
Last Director buy was at 29.00p therefore would be surprised if people sold lower therefore hopefully this is the bottom. Yes, some people are unbelievable how they dip in and out of companies trading left right and centre. Each to their own but with 75% of traders losing money then would rather be a long term holder and have some patience any day of the week.
£239K buy just gone through. I believe the Directors or people in the know are loading up before big news will land that will considerably increase the share price and people that are waiting for a placing will miss out.
Once the placing shares hit the system around 6th February then I believe the brakes will be released and the share price won't be held back anymore. A lot of upside to come in this stock and with Cathal being so bullish and holding plus willing to put even more skin in the game then in my eyes my investment here is a no brainer. This company will be sold between 6 months and 18 months time for a few multiples of today's share price. Buy and hold is the name of the game with this one.
The phase III results were virtually a dead cert therefore the results were always partially built into the share price when results were released. There are so many traders these days so naturally they would sell out and it drop a bit. The share price fluctuating doesn't really other me as with FDA approval nearly as certain as phase III results, shareholders in my opinion just need to be patient and they will be highly rewarded.
2nd January 2020 = CEO bought £70K worth of shares between 20.02p and 23.87p.
13th January 2020 = Tyndall Investment Management declared they now own 4.3% of the company.
22nd January 202 0 = Non Executive Director purchases a further £100K worth of shares at 29.6p and now has £700K worth of shares.
IMHO, something is happening behind the scenes that the board know about and they're all getting in at a good share price before the news drops. If a big placement was needed then why didn't the Non Executive Director just wait and not buy £100K at 29.6p the other day?
I think current shareholders could be in for a nice surprise funding wise such as a collaboration(s), which would prevent further dilution.
Either way I've made 80% profit already and banked that and happy to let the remaining money roll because I think a few years down the line this company could be a portfolio game changer unless they get bought out earlier for say $500 million and even then you're looking at a circa 10 bagger from here.
Good luck to all other genuine long term holders and I'm excited to be invested in this game changing tech company.
Will do 1 final small top up once the placement deal has been confirmed because believe once this is sorted the SP won't be held back anymore and this will motor.
Cathal who has huge skin in the game wants to sell the company by the end of the year, maybe end of the summer and can see it being sold for 2 - 3 times current SP.
Today. Long term hold for me and excited to see this company develop over time.
Good luck to all other genuine long term holders.
I've bought into BTC itself as if it follows the chart of the previous couple of halvings then it will fly, which should of course benefit ARB but like Tyrion has noted, holding BTC itself you don't have to worry about ARB internal company factors like potentially Mike selling some shares. I have though recently bought into ARB as well just in case BTC doesn't go up as I hope. Either way in a years time I believe both investments will be highly profitable.
Good luck all genuine long term investors.
Yes I agree, I don't think the company is that well known yet, which for us early birds who are already invested means a good entry point.
It's not guaranteed that there will be a fundraise because money could come into the company via collaboration(s).
We've got to remember that a Director bought £100K worth recently at 29.6p so he must think that was a good SP to buy at and if there was a fundraise it can't be lower than that SP as might as well wait until their director buy.
I was over exposed in this share as bought more for the phase III rise results therefore took some profit but won't be selling another share in this company for a long time and excited for the future and to own a small share in this business.
Good luck to all genuine long term holders.
Nice one Brooko19 (I mean Justin Waite) ;-)
Quite hard to try and work out whether these delayed trades are buys or sells.
Having a quick look through they appear to be a mixture of both.
The one's that are the most important trades though are the one's from the board members over the last few weeks!
I believe in the board of NFX with the main reason being they hold a lot of shares.
Dan also appears genuine in his interviews and I'm happy to trust him with my money.
He's already said they're building the company up to sell it in the future and in my opinion this will be within 2 years time.
Happy to be invested in this company and excited for it's future and making a substantial profit when it's sold for many multiples of today's share price plus it will benefit a lot of people by giving them better health.
Best of luck to all other genuine long term shareholders.
They say 75% of traders lose money.
With multiple huge board member share purchases over the last month and the £247K buy yesterday then in my opinion that shows shareholders have nothing to worry about.
With the Director buys lately and the huge £247K buy today you have to think that strategic partnerships must be in the pipeline and another blockbuster RNS could follow the phase III results if it's not included within the same RNS.
Herd even.
When positive phase III results are released any day now.