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When this turns it will bounce 🍆
The suspension links to the reporting of accounts which was delayed…….trading would be permitted yesterday and today. Well lets see what happens after the dust settles
Surely there's a case for Malpractice from the Board here..
Truly shocking situation and p!$$ poor.. It seems this has been purposely run down heavily over the past 6 months ( gradually 4 Years )
Now Sells are heavy. half and quarter millions. Administration is minimum possibility. The management have failed but will suck the company to death.
PFC =W⚓and complete 🛎Ends
🤣🤣🤣🤣😄
Don't tell the Mrs
Oh Mary b the master trader you have been exposed this time ah ....well and truly under water now ...but u was probably short all along I guess
Still can't get my head around the BOD saying
"we are in financial trouble boys, so we are going to suspend the shares in a couple of days"
They must have gone to the Humza school of forward thinking
Again, this company is run by morons.
Oh dear rats leaving a sinking ship.
Don't invest in this if you don't want to lose your shirt !
The company should have released the rns today after close and suspends the shares from 1st of May, this will give the company a bit more headroom when comes to D4E. It is too late now, it will be less than 5p if the D4E does go ahead.
Out at 12p this morning, 87K loss. Lesson learnt. Onwards and upwards. Good luck to all those still holding. Scary times.
Was thinking double down or leave……that was at 11p and we now are in the 8’s. Well scary times
Capitulation in?
Very sad to see when a company that can deliver gets f*cked by p!ss poor financial management and carved up by vultures
Makes you lose faith in capitalism for the masses
The only people who win are the city boys
This board reminds me of the AMIGO board in the last days - everyone trying to re-assure themselves that they will be saved by some 'Devine' intervention.
I had the EAXCT same view when AMIGO dived taking my money with it - PS - I'm still sitting on the side of road with that 'Dead Donkey'.
Sometimes you have to know when to admit defeat. It's a HARD thing to do when BIG losses are involved but it does help you sleep a bit better WHEN you do admit that it's a lost cause.
Apothecary - what's crazy is you're trying to buy, you wanna lose all your money?
Some people seems to be buying........i may be crazy but i also added modestly this morning
Can’t get a buy in!! Crazy
Surely the MMs can't be loading up?
Not happening Snapper. PFC will survive long term. Will take holders a minimum of 2/3 years but we'll get our money back.
10.70p buys. U-turn?
To everyone posting insightful content - thank you.
To the point of employment, I am very curious to know the education level and experiences of past successes of the BoD.
If they only have PFC to show for it, then we should be actively calling this out.
Sm66 and others on similar points - you are right!
This is a maths/ number problem and what they need are extremely good financial accountants/ planners and strategists to manage the immediate risks and then the Portfolio Managers need to be of the highest quality - those that can manage complex engineering projects, and deliver with high quality and within budget to make a profit.
The points about interest rates, covid - fair enough, but have had plenty of time and our patience to get things right. This is not a problem beyond good smart people. They lack basics in communication and anything from what I can see - can be compared to children in my view.
Poor timing on everything.
Constantly missing deadlines and key public updates is only allowed a handful of times - which is also another reason FCA and other institutions will come down heavy. I have a feeling there has been a leak to Shorts and one thing about PFC is things always come out.
8.90p sell spotted. geez
And in the 9s to sell.