The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Sophie, 23% enlargement of share capital at 40% discount. See RNS 30 June.
Greentech - when I say 'actually starting to wonder...' I am obviously not claiming to have any foundation for my speculation. But thank you for clarifying that for anyone who might have read it, while being unable to figure that out for themselves. I have a higher regard for my fellow BB users than you obviously. I was simply basing it on the observation that the share price is recovering well, on solid buying, since getting slammed down by the placing.
Actually starting to wonder if a takeover bid might be in the offing here, now that chums have been allowed to load up at mates rates.
And still steady buying and not much selling with the sp gradually recovering from the placing. News of actual decent sales with figures attached would be very welcome.
Mental, if you go to the first post in this thread, posted by Pippi, you will find a link. It's on linkedin.
That's reading a bit like the Hurricane RNSs when the Board were working hard to destroy value so it could be given to the bond holders lock stock and barrel. Took an activist investor to take them to court to scupper that.
It does look like a roll over of 31 million shares. The price is too high for it to be 62 million shares sold.
Although the large and deeply discounted placing was very annoying, the reality is that there has been very strong buying since, and the share price has not cratered. This indicates that the market perceives grounds for optimism. And the market tends to be right more often than I am.
Sadly someone else is selling chunks of 1 million.
But on the downside a massive 23% dilution from a placing at a colossal 40% discount. If the Board thought the Company was on the cusp of turning the corner and starting to generate some real income, I don't see how the could possibly have countenances approving that. It leaves a very bad taste in the mouth.
Yep. And an unnecessarily hard kick in the nuts for PIs.
It says this on Companies House: "Register a charge (MR01)
A ‘charge’ is the security a company gives for a loan. For example, a mortgage is a type of charge.
You can send us the details of a charge created by the company. We’ll then register the charge on the company’s public record."
As DHSC has not, to our knowledge, paid ABDX for equipment ordered from them, delivered, and used (byBiobank) I'm at a loss to know what constitutes a loan from DHSC to ABDX. But it does seem to suggest that DHSC might have paid up, and this is a clawback provision in case GLP win and the judge orders the Government not to pay (which seems exceedingly unlikely to me as the kit was supplied and used). But the company do need to clarify what is going on.
I read an article quite recently, I think in The Spectator, bemoaning the fact that swathes of good agricultural land was being covered with solar panels while almost all rooftops didn't have them. Especially for big sheds, this could be just the right time for this product.
Presumably will be going up on this news
https://www.dailymail.co.uk/news/article-10954069/Biden-anounces-G7-ban-Russian-gold-response-Ukraine-war.html
Hi Gmf1991. Please could you share the plethora of evidence that a strong social security system promotes economic growth. A google search didn't throw up much, some of it pretty old, all looked pretty inconclusive. I'd appreciate the opportunity to peruse the evidence you've obviously seen. Also, any comparative analysis of social security systems, especially those showing that the UK's is relatively miserly. I thought it was pretty good taken in the round. Rather than just cherry picking a couple of small elements of it.
Many thanks in advance.