I'll be honest guys, I did hold a substantial holding in PFP for the last couple of years but I have over the last month dumped a few million I just taken the profit that I have for now but I still hold a few million left. I'm thinking the share price will dropped significantly by the end of June when the accounts are out as I do feel the accts will come before the courts announcement ( gut feeling) at that point I will based hopefully that PFP is still viable and doesn't need a share re-issue buy back in at the low SP. that's just my feeling.....if the court announcement comes first and the share rockets then I'll av to be quick to buy back in and not miss the boat, I just feel it's IMOP the next RNS will be the accounts and this won't certainly raise the share price.
I don't do punts as a rule, which this is, but basically a binary bet, with many multiples upside, I am not a gambling man, as the bookmakers always have the odds in their favour, but on this punt, the odds are definitely in your favour, add to that the opportunity to de risk / trade I find this a compelling speculative prospect. Given the previous success in other courts one of course could argue that it is not a binary punt so odds even better - GLA
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