The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I was reading text off Bloomberg TV. No links. If you have this channel, wait for the text on the right update. It recycle stories all the time.
According to Bloomberg, lenders are plotting to replace CEO & his brother with new management team. It is not clear if the shareholders will retain their shares in the shake-up.
Slowly adding new trusts to the list negate the need for fast large raise and would allow the company to expand at a reasonable pace. Also mean that it would be easier to go for raise later and hh
thus command better terms.
Does the RNS indicate that the product is approved and waiting for formal paperwork to complete? If it expamnd slowly trust by trust there may not a need to raise money quickly or only a minimal raise is required. This may mean the so will advance at a gentler pace than some of you were hoping for.
Gold could be over $2k by the end of this month
All down to GS stupidity. They are getting hit being ****y about SVB and other regional craps.
Everyone here is to make money by trading. There is no right or wrong way. Some like to hang on longer others buy and sell all the time. No need to call names because you don't like what they say.
I personally bought and sold few times. Sometimes you make good money other times not so. No need to blast at others.
If it's obvious, why wait until 31st?. If the cap raise 50m, to sustain it you need at least p/e of 30, allowing for growth. It needs to earn about 1.67m/year. Ie at least sales of 3m/year. That's. a lots of units and require additional funding expand capacity.
It doesn't mean it will go up another 289% in the next 3 month. I can see it's been struggling last two days but mm Tring to push up without any significant purchase. Does this mean now we need wait for the real news before buyer #return?
The whole thing centred around QE. FED and other central banks were flooding World with lots of free money and kept interest rate to zero. SVB is not a typical bank All startups raise billions from private investers and deposit in SVB. As SVB is not a retail bank it doesn't lend money to public. So they parked all the deposits in US treasury which normally safe bit. Then two events coincided. FED raising interest rate fast and the startup were have hard times as with all reck stocks. So they started withdrawing money fast. If you ever deal with bods, which moves inversely to rates. At the interest rate raise, value of the bonds fall. As you sell them to the startups you loose money. Once the word is out, everyone want to take their money and bank keep selling bonds and loose more money and becomes insolvent
https://www.cnbc.com/2023/03/09/chinas-shein-set-to-raise-2-billion-in-new-funding-round-reuters.html
There trying for an ipo in US. Also want expand globally. How will this affect the Boohoo's plans?
GoCPI - The reported revenue and profit before tax of the combined businesses for the year to 31 December 2022 were £78m and £10m respectively and gross assets were £35m at 31 December 2022.
So selling for £17m make sense for you. It's value is £35m a Dec 22. and made £10m to bottom line; you think its good news. I sold mine here.
I think the main fear is that TUI need to raise cash to pay back the cheep loan it got from German government and this would dilute the so. So people are taking money off the table as their will be more shares and that would reduce the so further. Company think it might not affect the physio of the investors. Until we know how much dilution going to be, so is heading down slowly as fear factor get more and more.