that if the P.I.'s invested here are rightly and understandably expressing concern in respect of the downward trajectory of the Cos sp, then the Institutional Investors will be all over it 'like a rash' and will have doubtless been and continue to be in communication with the PMG Team and in so doing, seek clarity via very searching questions as to exactly what the strategy of the PMG BOD is, in dealing with the ongoing situation. Of interest to note, is the fact that no Institutional Investor has either sold or, indeed reduced their holding in PMG and all will, doubtless be taking a mid to longer-term view with regard to the stated aims and strategy of the Cos as outlined by T.C. via the Cos recently released Preliminary results:
This is a bloodbath. Has to be a punt if it gets to the 40's I agree. Was in last year and have watched it fall on a daily basis. There was such optimism then and now even talk of takeovers !! Has to be a gamble but I will be in again very soon. Good luck to those who are still here and believe in TC.
I see that company fils fils has bought nearly 10%. FIL Investments International is a privately owned investment manager. It launches and manages equity mutual funds and launched fixed income mutual funds for its clients. The firm invests in the public equity and fixed income markets across the globe. It provides Asian, European, Japanese, and special values trusts. The firm was founded in 1979 and is based in Tadworth, United Kingdom. FIL Investments International operates as a subsidiary of Fidelity Management & Research Company.
I would assume the share price would rise a little, say maybe 70ish, how many people would like that especially Tom Cross, you would think T Cross wouldn't entertain that. but at the end of the day he may have no choice. Plus the fact Tom Cross stated earlier that the Gas discovery would be a natural hedge against lower oil prices ,I don't see much evidence of that. He raised money in April this year for A/Ms don't see any evidence on that front either, as I said in my first post, there is something not right with this company, but can't put my finger on it. I think more money will have to be raised to stay afloat within the next 6 months or sooner. I have always maintained that good news always gets to the privileged 2/3 weeks before we get it, hence share price rises then falls again sometimes below the original price before the good news. The AIM market stinks of the type of activity. When the time is right I will get out of this market never to return, if I ever get the chance.
Not one buy this morning, all sells, this works out at just over 3 .5p in old terms, there is no chance of Tom Cross buying anything, this company looks like a sitting duck for takeover, and a lot of PIs especially Tom Cross will lose an absolute fortune.
been thinking of buying back into this and theres alot of faith in Tom cross.. Not saying it wont get there.but i really cant see it in the near future..20-40p doesnt seem unlikely i will wait till it gets lower
probably going to be called a deramper, im not saying its not a bad share but this was sitting on 2-50 a while ago and no one said it could hit below 2 quid
Worth averaging down for. and a buy.. just looking for the bottom
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