The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Yes, but. the thing with the share buyback is, the shares havnt been cancelled. they are still owned and held by the company. Which means in essence that at any point, they can be re+sold into the market without any further notice by the company to the shareholders, other than to say, we have just done it.
Whereas if they were cancelled, the company would have to issue equity in effect to put the shares back into circulation which as we know would have an adverse (usually) effect on the SP.
So, whilst i appreciate that the company has bought shares back, it hasnt cancelled them. Ergo, they are still there, ready to go back into the market should the company require the funds.
just my opinion of course
This is a cluster f''' in my opinion.
The rot set in at the consolidation back on July 1st 2020.
The ramping crew bleated on about how good it would be, company making and anyone who disagreed got verbally berated for not toeing the company line, Hydrogen being one of the bell ends.
I would post the thread as proof, but its been deleted.
Suffice to say, we have gone from 24p after consolidation to the sorry state we are in now.
Now de-listing from AIM, which may, or may not be a smart move, but i suspect that in a few years time, say, 5, they will be back on AIM and the SP will be a lot lower.
THESE are my views. my opinions.
A TROLL am i........ versus a ramping bell end
REALLY KAMI.......
REALLY
Come on boys, lets here you now. .........
Hi Echo
I'm sharing your excitement. I feel that my extra 50k purchases seem to be worthwhile.
This has the potential to be explosive.
We talked about 5p in the past.....
Dare we dream of 10p?
its a 10 x bagger in the making. a lucky diamond and boom...
im more than hopeful.
probably because (im a cynic here)... lots of the senior guys at the BoE and the government are already balls deep into this and thus, pushing it through would benefit them financially, rather than the old lady of threadneedle street herself!
just my thoughts, as a cynic!
I topped up yesterday... but, i seriously think this might drop to the low 0.3's yet.
this has the potential to absolutely ROCKET, if everything comes together.
It also has the potential to bomb, so, be careful.
I will top up again if it keeps dropping, ever the optimist.
Stop when the fun stops!
time.....
a matter of time
thats the thing....
in 6 months time, we will be 3 years post consolidation with an SP down 8p...
time the BoD earned their salary