The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Thank you for the first time you posted your information but it's been noticed every time there's good news you just copy and paste the message and post it again as believe that's the third time you've put up the same message.
Like Bhargav has said, if you have any concern then e-mail the CEO as he is usually very quick to respond.
One day though the punters will sell out and the share price will keep going up and instead of just making their small % wins they will miss out on bags and bags of profit.
Each to their own though..........................
At 50p.
New long term holder here who bought in a couple of weeks ago.
It's believed they have enough cash available to acquire another 5 hostels and take the portfolio total to 20. As somebody has already mentioned below they're then profitable from revenue received from all hostels and won't need to do another fun raise. The company has advised that it will be much quicker getting from 20 hostels to 40 than it was from 0-20.
If people are unsure then just read all the RNS's since Newmont took 19.9% of the company last year at 5.4p. Today's share price is still a bargain as it's Newmont's entry point.
Looks like some people missed the boat here.
I agree it's really hard to buy this share as there's so little shares available therefore it moves quickly on a small number of buys.
If you know the company then a little more patience will serve you very well indeed and make you rich just like the CEO said.
People looking for the next big mover have taken their profits and moved on, it happens but the long term holders always make more profit than the 10%/20% crew.
Looking forward to the next update from our CEO, which he is already working on.
The CEO advised that once Uruguay is sorted he will be a rich man therefore I'm expecting a buy out by Newmont within the next 6 months but all imo.
Board as well, therefore fellow investors will all have the opportunity to research OMI and understand that this current share price is still way undervalued. 13p has to be the first target as this was the share price high on news of Newmont (biggest gold producer in the world) taking a joint venture and owning 19.9% of the company. As I type the Bid has just increased again.
Ask moved up to 7p and it's 3 v 1 on level 2 book, which appears to be getting stronger. I expect another blue day tomorrow as people learn about this information.
I remember you advising that the CEO said to you at the AGM Bhargav that once Uruguay is sorted, which it is today, then he would be in the money. The only way he could be in the money is if somebody bought his shares i.e. Newmont. Maybe an offer for the company is coming as they have been in the joint venture for over a year now and already own 19.9% of the company therefore would benefit everybody if they just bought OMI out and it's not like they can't afford it with them being the biggest gold producer in the world.
I'm going for 9p but would of course take 10p.
Delayed trade just gone through. Looks like mm's resulting to tricks again and assume it's a buy.
Yes sorry Bhargav, somebody bought at 6.75p straight after my message lol.
1 Trade at 6.40p and they jump straight up to 6.50p for the next trade so they increase the Ask on only 1 trade. The market makers know this is really undervalued as well. I don't mind keeping people updated as I have level 2 book (and it also passes the time whilst at work).
Just tried a dummy sell and the mm's are willing to take 175,000 shares off me in 1 go....................no thank you. Looks like they're short of shares and as I've typed the Ask has just increased to 6.50p.
Not many sells this morning just a few day traders taking their profit. With people not selling because they know this is still way undervalued the mm's will have no choice but to keep raising the Ask.
Level 2 book looks strong as 3 v 1.
Just had a scan through the trades today and there's quite lot of 50K and 100K purchases this morning and totaling their value up it looks like somebody has so far bought £25K worth of shares (and it's only 9.40am).
Great to see some of FLFL 28p £ received today. Why would the biggest shareholder buy more shares at 28p on the eve of the next trading update if Q2 trading update wasn't going to be really good just like Q1 trading update. Not long to wait now as Q2 trading update as it's due beginning end of October.
28p Definitely the lowest FLFL can buy Koovs out now therefore no brainier buying in at these levels due to a 4 bagger minimum and maybe more.
So it's been contractually agreed that Uruguay creditors will receive OMI shares in lieu of payment therefore this is a massive positive to OMI as why would people want to take OMI shares if they didn't think Newmont (world's biggest mining producers) would take their joint venture with OMI further. Somebody has already mentioned this reached 13p on news of the Newmont deal a year ago and now the biggest hangover has gone with Uruguay all sorted. IMO this should be above 13p now as OMI are in a better position after this mornings news.
Congratulations to Bhargav and Vicjain and other long term holders.