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Pinnacle Technology Share Chat (PINN)



Share Price: 7.00Bid: 6.75Ask: 7.25Change: 0.00 (0.00%)No Movement on Pinnacle Tech
Spread: 0.50Spread as %: 7.41%Open: 6.75High: 7.00Low: 6.75Yesterday’s Close: 7.00


Share Discussion for Pinnacle Technology


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Humungousaur
Posts: 286
Off Topic
Opinion:Strong Buy
Price:9.00
RE: Pinn
23 Jan '16
Yes Aphrodite I believe you are correct with regard to the open offer. Personally I invested after that date and also see this as a long term hold. I expect PINN to follow a similar path to CTP where I have a large holding. This I hope will be another profitable buy and build of course. I also planned to come in after the enevitable placing.
 
KARMAKANIX
Posts: 349
Off Topic
Opinion:No Opinion
Price:9.00
RE: Pinn
23 Jan '16
hi, best wishes, i hope you do well, there will be so many ways to play this.
Aphrodite
Posts: 2,831
Off Topic
Opinion:No Opinion
Price:9.00
RE: Pinn
23 Jan '16
Yes. If merit is seen in the previously bullish comments generally previously posted here, then the question is plainly one of timing alone for those seeking an entry point.

Hence my first tranche here with options open for later.
KARMAKANIX
Posts: 349
Off Topic
Opinion:No Opinion
Price:9.00
RE: Pinn
23 Jan '16
hi aphrodite, i think you are correct. if agreed the new shares will come onto the market around 11th feb ( private investors will get their shares probably swiftly if with hg or may have to wait longer if with barclays, ig, ii etc.
i think this will work out well in the long run and i will be deciding if and when a good time to buy, usually after the shares are released into the market.
Aphrodite
Posts: 2,831
Off Topic
Opinion:No Opinion
Price:9.00
RE: Pinn
22 Jan '16
Willing of course to be corrected, but record date for open offer was 5.30pm yesterday.
KARMAKANIX
Posts: 349
Off Topic
Opinion:No Opinion
Price:9.00
RE: Pinn
22 Jan '16
i guess many were buying today to be part of the open offer, it bit like when coms announced their one. i guess the price will now drop rather quickly day by day. usually good time to buy at some point after the dilution has taken place. remember the big boys get their oo shares to play with before the brokers release their ones to the pi,
hope it works out for all though.
Aphrodite
Posts: 2,831
Off Topic
Opinion:No Opinion
Price:9.00
Pinn
22 Jan '16
I have waited for this placing and bought my first tranche today.

Surprised at a placing below 6.5 and the speed at which the price returned to the 9p. mark. Have no idea what investors may make of the price now, but should it retrace I shall buy more. There appears to be substantial investor interest to this point, and a benchmark may now have been set.

Investing on the basis of MXCPs now 25%, and their proven turnaround, buy and build, and M and A expertise in the sector.

I see this as a long term opportunity at this price, but of course time will tell.
4PetesSake
Posts: 4,371
Off Topic
Opinion:No Opinion
Price:8.875
RE: Pinn
22 Jan '16
Well done to those who took profits over 15p on the spike , however an exit now at around 9p is still likely to be preferential to what might be achieved in a week or twos time. All the best, whatever you decide.
chimers
Posts: 53
Off Topic
Opinion:Hold
Price:8.875
View Thread (2)
placing
22 Jan '16
back of the drawer type share now
Rocka999
Posts: 5,083
Off Topic
Opinion:No Opinion
Price:10.125
Placing
22 Jan '16
Screwed but alive and kicking, future is looking a little rosier imo




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