Is this just your opinion or do you have something to back it up. For instance which bulletin boards? Which rumours? The CEO apparently turned down more cash when deciding on the level of financing, why do you say he was wrong? The market today reacted positively in the amount of shares sold, why suddenly have you become so negative? You are like the weather.
All the bulletin boards are hopping skipping and jumping through the increased turnover speculation hoops. Not a bad thing but the market has reacted negatively once again to rumour hype leaving the market confused in PINN's shares and rumour mill has been let loose to run rife. PINN is a tiddler in a massive WiFi pond it needs cash input to expand and fight off predators.
Hi. An on-line tip sheet has given chapter and verse on PINN but is all historic stuff but having said that a well timed plug can do no harm after all news on PINN's activities is historically due an update about now. So the more shares bought the tighter the market availability and any share enhancing news should magnify a share price rise. Keep those holdings tight!
this number of buys and to finish up down. Normally this reacts accordingly to the smallest of buys or sells. This time it is down on a substantial amount of buys; something is going on, we will see perhaps tomorrow.
Thanks Ged, there's a useful link on there which is easily missed as the font is tiny. It shows a map with the variation in broadband speed and penetration around the UK. Loads of opportunity for point to point wireless/laser links instead of fibre as pinn supplied for the Olympics.
"Pinnacle is also currently working on the installation of urban and rural wireless services to bring superfast Broadband to streets, pedestrian areas, villages, business parks and towns"
That sounds to me like they have a number of other targeted sites ready to come on stream which is good.
However, the word I pick up on is "urban" as I remember reading about Virgin running some trials and thought it sounded right up Pinnacles street....... in fact here's the article http://www.telegeography.com/products/commsupdate/articles/2012/09/28/virgin-media-business-trials-small-cell-technology/
Now IF Pinn are involved and successful in urban WiFi/broadband then its potentially huge.....
"2.4.2 In total the Chancellor has set out details of £150m forming the Urban Broadband Fund. This has been allocated to cities through two open competitions. The first of these was for capital and core cities and a second, later competition was run for smaller cities. In total 22 cities are now actively engaged in the UBF programme. At the date of publication, only the capital and core cities have had funding announced. Figures 2.1 and 2.2 list the cities in the UBF programme.
Initially awarded cities BDUK Max funding award offered Belfast £13.7m Birmingham £10.0m Bristol £11.3m Cardiff £11.0m Edinburgh £10.7m Leeds – Bradford £14.4m London £25.0m Manchester £12.0m Newcastle £5.7m Figure 2.1 Capital and core cities awarded within the initial £100m funding UBF competition
Other cities Other cities Aberdeen Cambridge Derby Newport Perth Salford Brighton & Hove Coventry Derry/Londonderry Oxford Portsmouth York Figure 2.2 Smaller cities awarded within the second £50m funding UBF competition
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