Every day the market says the value of each share goes down by £50, but the share price remains the same, and there are no share transactions. What a stupid none market set out as a falling market, but it stays the same. Perhaps someone could alighten me just what is all this pricing rubbish designed to achieve!!
Every day there are no share transactions the price continues to fall. How come when there are no transactions, but the share price falls? Perhaps dealers want to attract some buy transactions in respect of this very good value company.
This looks seriously undervalued by any measure - pe of 5.9 etc etc but ignored on all BB's, IC etc?? Very terse commentary with the accounts from the company. 75% stock held by Gallaher. Maybe many Pi's feel it is too tightly held, but hard for me to see the downside ??
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