Buyers are prepared to buy small lots of shares at 13.5p/share when the institutions are loading up at sub 12.2p/share. Just goes to prove "money talks" . If one gets locked in at 13.5p there has to be a 40% upside just to cover evens.
You could ask why would anyone want to buy into Pinn but it appears that fortunes are about to turn given recent investment by directors. David Jones (not a lord by the way) has been an investor for sometime and I'm sure has been picking up bargains having as you'd expect, some city connections to advise him. I would think he's a wealthy man and like everyone wants to mitigate the inflationary pressures on cash.
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