The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
They finally hedged in the 3s. But when it hit 4.2.... nothing.
Has to be something going on in the background strikes me... Even before this latest p*as poor RNS.
Can they be selling it ?
Exactly.
As I said below. If they stopped shipping Au to the agreed party in July. They have to have RNSd it.
They let people invest right up to the much later financial screw up RNS.
I know AIM is wild west..... But that has to be BOD accountable.
Investors will have invested in Q3 with no knowledge of the above.
Law experts. Your take?
In fact. If he stopped supplies of the Au in July, & people were not notified and many continued to invest in the shares in Q3...... I am no lawyer.... But surely the BOD are running close to being culpable here?
To my mind. If TB withheld the July onwards Au to his agreed agent. As the RNS implies.
He should have issued an RBS on this then, for better or worse. This looks a deliberate and accountable action to hide the problems at that stage.
He needs to fully explain this. It's one thing running into financial issues. Another misleading the markets!!
This RNS on the gold snacks of some very deliberate stuff by the BOD. It says no gold was delivered in Q3 last year! As far as I know during that Q they were certainly still mining away....
So why no Au at all to that agreed agent....
There is something very fishy here.... Almost sounds that a deliberate action to withhold took place well before they announced the general financial issues.
Toby has a lot to answer to if he was deceiving his shareholders in July 2022....
20:1 consolidation.
154p = 7.7p old money. So clawing back to that pre deal 10p High you may remember here if been in a while..
That's fair enough Moon. If you think icon can come back. I am not going to say it can't. That's your call.
I am however invested and interested in RMM. So want to see some kind of deal to sort this out. Preferably to allow some good to come of the excellent resourse and technicals, and despite the s*itshow of a financial story.
So in your opinion. How will this play out. What will be the deal. How will it open and when....
Put a bit of meat on the bones of your oft repeated ... "Best time ever"..... Either that or can it...
Still not answering the question Moonie ...
Btw, as in my analysis the other day ICON had lost over 99% of it's share value on reopen the other day. It's now lost another 60% of even that low number from what I can see. Your boast of 50 Million shares there..... Which you couldn't possibly have got last year, as in suspension for 18 months (!)....
Are not worth much now at 0.006 of a penny!
Like pulling teeth isn't it...
How many currently. What average?
Not sold a single share Moonie.....
How many do you hold at what average .... Be honest for once.....!
As mentioned in my post at the weekend. The longer it goes on the more suspicious it becomes agreed.
But till we see a proper & non holding update RNS. No one is sure whatever gets posted.
As to no posts. As nothing really to talk about with no detail forthcoming as yet. The swing traders am sure will chip away on the sell on reopen mantra as and when. Plus the Moonie with his...best time ever ( for the non invested !) bilge...
But for the actual holders here, nowt to do but wait it out tbh.
Cheers.
@fuku.
Nice to see you still keep an eye out on this share. I agree with your (as usual), levelheaded views tbh. I initially was pretty sanguine ultimately about the outcome of my investment here. Despite the total financial screw up they made.
However, & realistically the longer it drags out. The less optimistic I become. Which is a terrible shame given the progress of the turnaround, and the in demand resource base, that whilst bumpy was starting to really deliver in Q3 last year.... And then....and then..... :-(
We will see. I guess we are due a TB RNS pretty soon on where it all stands. I just hope he says something to clarify what they have been really doing for the last 5 months. Not another wishy washy update.
Be nice to resolve this one way or the other. So many can move on. Not least the tedious agenda driven numptys you rightly commented on.
Regards.
Very good point.
Cu dropping off now with US job figures. Under 4.10 now.
The lack of a hedge, if possible (again).
It does make me wonder what is going on in the background.
Interesting.
@Bwana.
DJ still about. He's got a new account name (publican77 or somesuch). Still occasionally posting on RMM where he sold out on the downward path after the financial issues there. Still likes to come on in his new guise to chide those left and self justify his exit.
I also occasionally read GRL. Again he seems occasionally on there to have his tupeneth. Even though again believe he's out.
I assume he will pop in here sooner or later, didn't he sell out here also around a quid. It's like a drug it seems. Can't keep away even if poo pooing it.
I personally have no issue with him. But as to his posting habits. They can grate a bit......?
Cheers.
Like Wasa.
I am intrigued by these 3 large (assuming buys) just posted. Plus a decent number of smaller round numbered buys in the last days.
So even if worked over a few days. Yes the price has upped by 10% odd in a week. But AIM being AIM. Someone is getting a big wedge (several million quid), at a pretty low price relatively....
MMs letting a big player buy in at a far better price than One suspects they would offer an ordinary Joe to out of the blue try and buy (say), a couple of 100k shares....?
Of course if the momentum isn't sustained buying wise be interesting to see if this extra 10% holds or if it drops back to the high 130s awaiting actual news....
Interesting times.
"simple matter of how they gonna get money".....
Yes..... But the point is; that still many of us (unlike you presumably). Actually hold fairly sizable existing positions.
Bought at far higher averages. On the back of improving technicals. But have been dropped in it by the disengenuous financial messages and management incompetence.
To us. That "simple" matter of resolving the monies is totally the point.
I am convinced you have traded out (and some time ago by your switch to deramping over the last year), and now intend. In the event of a large dilution to buy back in. So regarding your credibility....we are back to my main point last weekend.
For WHOM is it to be a greatest time in RMM history....
You have ramped, then de-ramped, now ramping again this share during my 2.5 years invested here.
You simply talk your book. As such your riddle like utterings are no more that bare faced self interest. Don't try and make it out as anything more than it is Moon.
Everything Moon posts needs a health warning.
During a discussion on his "greatest ever time to be in RMM". I asked him several times how many he held & at what AVG.
The point was to understand if his comment is simply assuming a mass dilution. A price then of a penny odd (say)... Then yes, maybe that's a great time to buy. BUT... That type of scenario is totally hopeless to existing holders clearly!
Moon, as ever wouldn't comment explicitly on his current holding, saying he never divulges that.... So never thus clarifying for WHOM this is the greatest time ever for this share.
Having said also that he doesn't reveal how many shares he holds in his PF. We now though in contradiction ...have him bragging about what 50Million shares in ICON. So Zippo consistency....
Further even to the above. The point is that ICON were suspended for 18 months odd. They had a high before that in the past of 2p. They are now at 0.0145p if I read the data correctly ...
By my maths that's a Negative drop of over 99% ??
So yeah. Buying now (if there is a future there). May well be a great deal. But if you had his 50Million shares back at 2p, so had invested £1Million..... You would now be worth (in £s)....50,000,000 * .000145 = the princely sum of £7,250 !! Not so bright then for older holders to put it mildly ..!
The above makes it quite clear that "best time ever" totally depends on if you bought (in the case of ICON), and possibly RMM before or after any mass SP rerate post any un suspension....
Bottom line is Moon never clarifies for WHOM it's gonna be great.... When ramping, then deramping, now ramping again here, like at ICON.... It's all opaque, and I suspect deliberately so....
Ignore therefore, being my conclusion.
What's the question Monkey....
Will I sell my shares if what..... They issue loads of new shares and warrants was it?
So what's the point in your worst case....
If it suspended at 5p. My AVG is an open 35p for 925,000 shares.
If I didn't sell at 18p, 14p, 10p on the crash down.
What would be the point at well sub 5p, that it's probably to be with huge dilution.
I have nothing to hide..... How about you....
40 posts in a month. None anywhere else.... Surely a smart Monkey with so so much to say has other fish to fry also.....
Very telling!
Why would anyone waste so much time on a share they are not invested in. Posting the same message daily. I read on another board the theory of the paid poster.
I am not sure about that. But it is curious that a simple look at the 40 odd posts in a month past. All are targeted at RMM. Not a single one on another share....
That's dedication to an investment you clearly detest. Areno longer holding, and have no time for.
There are, in the current market. So many good opportunities. Why would one just hammer away daily here?
That's a question that is never answered.
So either a paid deramper. A swing trader looking at a great resource, poorly managed, but with potential to re-enter if one talks it down. Or simply a sad vindictive internet troll.
Take your pick.
Oh, and btw Monkey.
I asked Smartpunter a query on the legal situation of a sale. The outcome may well not be good for holders.
I know that that doesn't fit your narrative of some of us "pumping". But I am interested if his experience can uncover some truth of relevance to the invested.
Rather than simply listening daily to your bile....