The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Red, the current financial position needs to be put into context:
1. We have had no updates for long (a year?)?
2. We have had string of resignations or dismissals with no explanation from the company.
3. We appear to have 2-3 months of funds left with a £5-6m per month drain with no apparent product or reported benefit.
4. A terrible RNS about the failed attempted funds raise, with no follow up.
5. Absolutely no information on where future funds are to be sourced/raised.
6. The company or poor Fawzi ignoring requests for an explanation on the above.
It is appalling way to run a company.
Spot on JG, Solgold's management is and have been a car crash during my investment, the SP speaks for itself. I see SG's position as similar to playing a game of five card poker with four aces but tuppance h'penny to bet with, against other players with **** hands but fists full of chips, they just keep the betting going, until SG folds, or hopefully in our case smells the coffee and ships out. Some would call it a Dead Man's Hand, ace on eights, as the Western fans will know.
Just watched that presentation. The most significant part what the presenter at the end saying 'we will not have time for questions today, moving on....'. Why are Solgold wasting money sending DC around the world presenting this same old pitch time and again, it was like watch NM, perhaps he wrote it? They should have just sent a video and saved some carbon footprint.
Quady you went full circle there, your conclusion is in fact the company should have made an official statement before IH did plus, it should shut Fawzi up? It is very clear they have no firm or clear information release strategy, it is amateurish and very damaging.
I’m all in favour of women being treated equally and playing football, good luck to them. Where the BBC and woman’s rights campaigners get carried away is by trying to sell as top class football. It isn’t. Maybe one day it will. Talking straight in response is part of equal rights. Men have a massive physical advantage to women, that’s nature. Just enjoy it if you like it.
RK your attendance stats are complete nonsense I’m afraid, did you get those from The Guardian? Just look at how many 100,000 FA Cup Finals and England games there were. There are stacks of huge UK attendance, countless in fact. Here’s a starter, Celtic v Leeds United 1970 European Cup, 130,000.