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http://www.reuters.com/article/2015/02/17/idUSFWN0VR01R20150217 News is spreading...
DARRON GIDDENS - added some 2.16 millions back in November 2014 JM FINN NOMINEES LIMITED - Holds over 1.5 millions since December 2014
nearly 10% of total shares traded today in just 2-3 hours. Can't imagine what the volume will be tomorrow.
@ 25p, PINN will still be just at mcap of £11.5 millions so looks like, some Sp will do some climbing tomorrow. PINN Sp moves very fast, obviously as MMs do not have many shares at hand so any surge in exceptional buy demands and they have to push the Sp up very quickly to grab few shares. Tomorrow's open and first 15mins trading will be very interesting.
the current 4.5 mill mcap is about to be the subject of some upward movement lol
Thanks I got 9k worth so we shall see tomorrow.
and exclusive, this is company transformational news for this aim tiddler. demand is going to be crazy here now! glad i managed to get in here today. very excited here. :-)
Wonder what kind of figures we could be looking at as it specifies a multi year deal to set up a mobile Center of excellence?!
"The multi-year deal will encompass all of Pinnacle's major offerings"
kay786 - yes I think they surely will issue an RNS because they already announced the O2 tie up today on their own website but dated TOMORROW (excuse the capitals) then withdrew it when they realised the mistake. It includes a quote from the CEO as well! I think they have gauged that they can get away with it because so few people actually saw it and have just acted like it never happened! I certainly acted on it this morning by purchasing another £4.5k worth before the market got wind.
thanks for the heads up PINN what a good cock up for once for holders here, haha tmrw is going to be crazy as people scramble to get in here after that news if confirmed in a nice 7am rns, imo.
wow reading the rns carefully PINN has just 'EXCLUSIVELY' bagged their services via a digital partnership with 02. Major blue chip deal win here and its exclusive. Looks like the market cap here is amount to do a crazy one as this adjusts to the news tmrw....my ghosh what an afternoon, explains those huge huge buys here late today, makes complete sense now. This is big big news for this aim tiddler with market cap under 5 million. IMHO
Yep saw this as well Pinnacle unveils digital partnership with O2 Pinnacle Technology Group has announced a digital partnership with leading mobile provider O2 as part of an exclusive channel tie-up. Pinnacle - which has offices in Glasgow, Stoke-on-Trent and Northampton - has been appointed as a specialist partner to provide tailored security solutions and assist O2 in enlarging its digital capability and delivering a 'mobile centre of excellence' to the market. The multi-year deal will encompass all of Pinnacle's major offerings, providing a compelling solutions bundle for SMEs in particular. Furthermore, it is expected to allow Pinnacle to enhance its position as a front runner in digital strategy and a leading technical advisor. The deal builds on the existing relationship between the businesses, where as an accredited supplier of mobile telephony solutions for O2, Pinnacle offers a wide range of flexible tariffs and contracts, with a variety of package options available. Pinnacle CEO, Nicholas Scallan, said: "Our exciting partnership with O2 is another demonstratration of our on-going commitment to offering clients technology, digital products and services that will significantly enhance their business performance. Consumers are better informed than ever before, increasingly enjoying all the possibilities that creates. However, many organisations - SMEs in particular - simply aren’t making the most of the digital products and services available to them. Becoming a truly integrated organisation can deliver marked benefits, helping businesses to succeed and grow in digital Britain, and our partnership with O2 will offer them that." He added: "This partnership represents an important announcement for us that redefines the way we create new business, drives better performance and quality, and provides a further indication of our wider ambitions." Issued by Beattie Communications on behalf of Pinnacle Technology Group plc. For further information contact: Corrine Douglas | corrine.douglas@onlybeattie.com | 01698787855 - 07971749044 David Walker | david.walker@onlybeattie.com | 01698787848 - 07811693866
well I am fully expecting an RNS tomorrow. 15.48 post has the detail. Confirmed. Huge blue chip customer
Would be nice if they did but not expecting one. However I am expecting this to open 11p ish tomorrow as news of the RNS spreads.
Don't forget that 3Three are planning a take over of O2 so if a deal materialises it will be huge.
Does that mean they will release a RNS tomorrow with further details?
wow if that is correct then expect some serious interest here tmrw, 02 are not big they are giants.
sage PINN reminds me of FITB in terms of tiny market cap and tiny free float before it went ballistic from 1p up to 20p in a very short period of time, not saying we will have that strong a rise here but just a passing thought? imo
LQ this hasn't been in the red at all today. It was up 1/2p when they released the RNS. They made the announcement because they'd erroneously put an announcement dated tomorrow on their website. When they realised they'd made a boo boo they released a rather more vague announcement to the market and took the original announcement off their website! The bit that puzzles me as that the original announcement was very clear - that they WERE announcing a more enhanced and wide ranging partnership with O2.
17-Feb-15 15:57:02 9.75p 350,000 Buy* 9.50p - 9.75p 34.13k O
17-Feb-15 15:19:28 10.46 95,554 Buy* 9.50 9.75 9,995 O
Looks like MMs have built a nice support at 9p, today's high was 11.5p I think so expecting tomorrow to hit/test 15p area once the news spreads and anticipation of next RNS builds up. Looking forward to tomorrow, with only 46 millions in shares and small mcap, things will get interesting tomorrow.
L2 looked very strong after that rns today and looking forward to tmrw open, going to be crazy here as this rns news spreads around the market. imo