The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
There
£30m. Loose change for Tesla……Get you cheque book out Elon !
1.0 pence a share. 7 bags!
Or below….you have to think like a MM. they will do all they can to make their wedge today
Just like Helium One….which dropped below placing price until good news when it bagged
My broker showing open at .00135 GBP
Big surprise….says the man invested in COPL !
£2 million received. Other offer extended to 3.00 pm
Given what we saw yesterday at close, I would wonder when and for what reason RNSs will be released today, typically a bad day for RNSs. Will they be held over to Monday ?
We are due one to release the results of the bookbuild……at 08.30 or before?
TR1s must be due as % holdings have been diluted……or will this come when shares hit the market, particularly at the end of April?
Shenanigans aplenty today. If the offer has been fully taken up ……. Will this cause a spike even though the new average price should be much lower?
Todays closing price is showing as 0.17 pence.
Take this times the present number of shares and add the new 2.2 billion at 0.1 pence yow ill get an average price of 0.116 pence for the new total number of shares.
Before the drop after the Tesla issue which is now resolved, the price was 1.7 pence.
With the new number of shares, that would be equivalent to 0.43 pence…….. a 4 bagger !
That is before the improvements outlined in the RNS and a return to normal trading and cash flow.
Funnily enough, 0.43 pence is about the average Dr Cooley paid for his existing 2 share holdings
With nearly four times as many shares!!
Pre drop 1.7 pence/4 equals 0.425 p at best!
The Dr needs 0.48 pence to break even
Next week the staff have to be paid. Will that use up the remaining cash balance from end of December 23
He needs 0.48 pence to get his investment back. He is not out!
Dr C needs at least 0.48 pence JUST to get his investment back !
Remember that Dr C has invested close on £400K in this company.
Don’t you think that if an Administration RNS had been lodged this afternoon that the city boys would have got out and crashed the share?
Either a big buy being worked or a placing at the price that Dr C paid or thereabouts.
Would he have upped his holding if it was about to go into administration…..not good for his unblemished CV?
From Brigantias website……. Brigantia will look to make its first investments in Q1 2024,
Perfect timing?
Harvesting cheap shares to make money when they let demand go later
Don’t even reply. Let’s keep this page for decent constructive folk. It’s half green already.
I too have a lot of faith in Dr Cooley, particularly his links to financing sources. We are not talking of millions needed.