The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
mj I am referring to fund managers who are under strict rules as to when they can take a position into small cap companies not instis who take part in placings and hold on to a few for various reasons.
EUA reached 120m M/C at 4.6p it quickly reached 7p before suspension as huge trades materialized, on re submission it shot up to 21p.
Some are allowed to buy into small companies when the market cap tops 120m,we are now135m and counting, watch out for huge late reported trades over the coming days and further re-rates in the sp, such an exiting share to be in not going to sell before appraisals if all goes to plan profits will become eye watering, this is a life changing opportunity for those getting in at this stage of the drilling campaign.
Hi ST,- IF! everything goes to plan we will be very well off by December that`s just eight months of drilling and proving up, I am up 50% here with various top ups from 7.2p, if I had stayed with EUA they would have had to have an sp of 40p by now to equal this, not mud slinging as I still hope it comes good for the LTH over there and sure a few of them will be joining us here in time.
Just had to revise the 21p to 24p due to the 20% placing dilution for the ii to join the party and we reach £120m market cap.
interesting figure 21p that will give a market cap of £120m that is the minimum for some institutions before they can buy in, it started to happen on EUA before they were suspended when they reconvened the sp shot up to 21p similar could happen here, I am not selling or top slicing, holding all the way to the end of the year that is the target when we receive resource to reserve conversion.
Good base formed at 13p on the hourly chart on low volume watch for volume increase to take us to the next level.
Should receive the receipt of environmental and social impact assessment ("ESIA") approvals and data processing from the ongoing infill seismic campaign.
Hi S.T, I topped up 35k shares at 12.17p first thing, I used the hourly chart which looked to be primed for lift off seems good so far.
· Proceeds will also allow contracting of 3D seismic over any discovery, maximising resource to reserve conversion and allowing completion of the majority of the field appraisal programme before the end of 2021.
I would like to think we could be seeing £1 per share in just eight months! I achieved 750% with EUA within 15 months and have taken a position here with some profits, HE1 will be the aim share of 2021 of that I am sure, enjoy the summer and look forward to December its going to be monumental.
Looks like you will get your 10p top up after all mr spacetomato I was wrong to suggest other wise, come the end of the year we should see many multiples of that, good luck with whatever you decide to do.
You won`t see 10p mr tomato huge bounce if it hits 11p is how I see it, that`s my top up target any way.
Yesterday the mms took the sp down fast to fill that large order, today they are in stealth mode, 13.34 to buy now.
On ii 0.1356p for 20000 no problem it was in auction for 10 minutes from8.05am.
Deffo buy at 14.30p proper time stamp and not delayed.
Says it went through at 14.09pm that may be the reason for the shake out this morning and took this time to full fill all very positive going forward.
Actually they bought at 14.30p above ask at 14.20 sorry for the mistake.
Wow surprised no one mentioned that trade just gone through at 4.20p, £195k that is a serious amount of money.
The hourly chart was primed for another rise I knew that I couldn`t afford to wait, I am with ii they are pretty good at giving a price.
I managed 50k shares on the bell at 11.30 to double my holding didn`t hang about to get a better price .
As a LTH holder I sold my remaining shares on Thursday giving me a return of 750% in total, as a retiree on a basic pension EUA has been very good to me and will never be far away from my thoughts and who`s to say I won`t be back some time in the future. I convinced myself the fsp would be concluded by the end of 2020, as it didn`t occur I gave it three more months and stuck to my conviction to sell as I wanted to participate in a helium play in Tanzania.
EUA is now a different beast since it got into bed with Lesego, the Russian government will want the best out come for these assets and will be sold off individually and the best of the Lesego mines proved up over the next three years so great returns in 2024 and dividends along the way.
I think the EGM will proceed with the placing around 22p at a guess and I wouldn`t be surprised to see a move to the main market as EUA in my mind has now out grown AIM. Anyway all the best to every one for the future its been a great experience for me and yes what do I know the fsp might conclude before the28th.