I don't provide a personal advisory services, well not for free anyway and my real penchant in life are currency trading algorithms which have served me much better than stocks over the last 5 years.
In any event, any advice I could give to yuou would be mute, as you only have two options, buy or hold unless you want cannabalise your holding - hopefully the liquidity event that will release you from this nighmare is just around the corner.
I look forward to the after event party at which I will put my head in the stocks and let you throw eggs or damp clothes at it.
I'm very pleased that PHE has settled the debt with Renewme by whatever means, much better than letting it drag on and on.
Also happy that they've settled it by issuing shares rather than cash that PHE can't afford, which would just end in bankruptcy. So I'd rather own shares that have been diluted than shares that are bankrupt.
And I'm really not concerned about dilution at this stage. If PHE's system proves to be a success, then it doesn't matter what the share price is in the next day, week or month, because that will pale to insignificance in the long term. And if the system fails, then it won't matter anyway because the shares will be worth zero.
With the 16% increase in shares the total becomes 569.47m. Hence, based upon the current 'market cap' of 1.91m and the 'mid-price' before AIM withdrawal 0.475p, a swift blast on the calculator arrives at 0.336p. My experience of a share being resurrected from the brink of oblivion is that it will quite possibly spike to as much as 200%. This company has only approx. 41% of it's holding in 'free float'. Hence we know how this swiftly spikes upon any whiff of positive news. So folks...just how positive is this news relative to the 16% dilution!!?? Furthermore to undervalue the evident stalwart endorsement from 'Hilgrove' in spite of the 'kick in the teeth from 'Allenby' would be somewhat unwise. My hunch for Tuesday...should it prove possible to buy under 0.395p then this may well achieve 0.5p by lunchtime.
there's plenty on here posting to support the thoughts of others - offering both sides is surely the purpose of a BB.
Wazzza with his 15% carries a lot of wieght on here - he continually promises the world and has been for some time- I would be more concerned about him being wrong, than me, for it is unlikely that anyone would follow me.
It must be embarrassing for him trying to excuse KA for not ever buying a single share whilst at the same time espousing that he will sell out at 10p when a millionaire many times over.
He has just given away 16% of the company for £150k - why didn't Bond clear the debt and where's all the cash just raised gone? - it would make good business sense, unless of course there is no real confidence that the technology will deliver or if there is another agenda in play.
You are just in denial - businessman do not give away 16% of a company for £150k if they believe it will be worth a multiple of that in a few months time.
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