Register
Login:
Share:
Email Facebook Twitter




Quick Poll
QUICK POLL >
Would you like to own a helicopter?




PIRI Share Chat - RSS Feed

Pires Inv Share Chat (PIRI)



Share Price: 0.0275Bid: 0.025Ask: 0.03Change: 0.00 (0.00%)No Movement on Pires Inv
Spread: 0.005Spread as %: 20.00%Open: 0.0275High: 0.0275Low: 0.0275Yesterday’s Close: 0.0275


Share Discussion for Pires Inv (PIRI)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


supermabs
Posts: 904
Off Topic
Opinion:No Opinion
Price:0.09
Pull yer finger out!!
25 Feb '13
Come on Redmond! 35 trading days from tomorrow (bearing in mind two days off for Easter)

RECAP - Pursuant to AIM Rule 15 the Company will have to make an acquisition or acquisitions
which constitute a reverse takeover under AIM Rule 14 or otherwise implement the investing
policy approved at the general meeting to the satisfaction of the London Stock Exchange
within twelve months of becoming an investing company, being 17 April 2013.
 
Moreforus
Posts: 22,696
Observation
Opinion:No Opinion
Price:0.09
0.08-0.09
25 Feb '13
twitchy sellers again
Schoolboy
Posts: 498
Off Topic
Opinion:No Opinion
Price:0.09
Allaboard - repost
21 Feb '13
AIM's deadline rule for cash shells is of course pretty much meaningless these days, since ZOL set the precedent of buying liquid shares to 'fulfil' its investing policy. As long as 51% of cash is invested at once, then a policy has been implemented.

Redmond could actually just buy £100k each of Glencore, BP, Anglo, BHP and Rio stock, hold them for a day and declare that the money has been invested (without having to announce in what, as each holding would be less than 10% of PIRI Mcap), and then dispose of them all the day after. The investing policy would be reset, and he'd have another 12 months to keep on looking.

I'm confident that he'll announce proper investments before then though. As you say, cash is below NAV right now, so (pretty much!) a win/win! Best of luck.
Allaboard
Posts: 149
Observation
Opinion:No Opinion
Price:0.09
news
21 Feb '13
39 trading days left
Allaboard
Posts: 149
Observation
Opinion:No Opinion
Price:0.09
oops
21 Feb '13
i mean 8 weeks yesterday till news. missed March out there
Allaboard
Posts: 149
Observation
Opinion:No Opinion
Price:0.09
Not long
21 Feb '13
"Pursuant to AIM Rule 15 the Company will have to make an acquisition or acquisitions which constitute a reverse takeover under AIM Rule 14 or otherwise implement the investing policy approved at the general meeting to the satisfaction of the London Stock Exchange within twelve months of becoming an investing company, being 17 April 2013."

Just in case people are unaware of the date we require news by. Basically 3 WEEKS tomorrow. GL all
Moreforus
Posts: 22,696
Observation
Opinion:No Opinion
Price:0.09
supermabs
20 Feb '13
believe......

happens all the time!
supermabs
Posts: 904
Off Topic
Opinion:No Opinion
Price:0.09
can't believe
20 Feb '13
people are selling before first investment is even announced. Why the hell did they buy in the first place if they were going to do that?
base147
Posts: 5,905
Observation
Opinion:No Opinion
Price:0.09
ta
20 Feb '13
mr solo
base147
Posts: 5,905
Observation
Opinion:No Opinion
Price:0.09
wooo
20 Feb '13
negative and positive holders here today
i am a confident holder and will await news gl all x





Sign up for Live Prices


Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.