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YES as I said 2 delayed trades on PIRI as at 12:12pm as MM went into bid price
12:12:15 15.495 100,000 £15.50k
12:09:02 15.45 100,000 £15.45k
Level 2 improving spread 15 v 15.50p
12:12 anot,her MM up on the bid but no trade around at this time so it must be a large buy delayed
Buying to sell ratio is 66 v 33%
Finally overcame my innate laziness (or aversion to complications!) and signed up to AJ bell to buy RGO (my laziness has cost me about 35% from when I wanted in..oh well)
Cheers for the messages helping..and I've noticed that AJ bell I started dealing with AQUIS and some other stock that interactive Investor doesn't.
As far as relative value is concerned I still believe PIRI has the edge over RGO regards Pluto because of the warrants (and also generally because of the tech investments and Low6 ) - but to feel happier being in both now.
Also got into VELA on the dip yesterday, which looks very exciting for the next few months (may as well mention GUNSYND while I'm at it, which I think , along with PIRI, is going to benefit greatly from the Low6 IPO (and I really like some of it's other investments , plus the Akers involvement).
Looking for for great things here at PIRI this year after a fantastic few months.
Warrants do unease me a little, and I think they dished out far too many (probably not expecting such a monumental rise)
Anyway all the best and thanks, TT
The great Pires deramper has spoken. Fear not because every BB has one or sometimes more. Am new to this share and was wondering who the obsessed deramper was here. Now i know!
Looking back through his volumous posting history on Pires i noticed in February he was spouting similar nonsense, albeit as if he knew what he was talking about, when the sp was 11p.
Equities don't always price in what is known. The Market anticipates future earnings, growth potential, sector sentiment etc. The forthcoming Pluto IPO should benefit Pires and eventually the Market will take this into consideration before the event as well as after.
Equities are always pricing in what is known. If this stock was undervalued, the Market would be all over it like a rash. So far share prices are propped up with fundraisings with little or no profit streams from the alleged new "next big thing" ? More and more money will be raised to advance alleged share enhancing unproven products. Be very wary of stocks that are propped up with ever increasing issued shares. A house of cards will always collapse in the end .
Your link has no relevence to stock liquidity. You have posted just another link that is priced in.
https://twitter.com/SwazersC/status/1374315026853601282/photo/1
Hi denby69. There is a fluid trade in this stock. Change your Broker ! For every buy there is a sell ?
https://www.londonstockexchange.com/news-article/PIRI/update-on-investment-in-the-digital-assets-sector/14908521?showDisclaimer=false
Look at the excellent return Pluto is getting on its crypto investments. OXY is up 30 fold already! They have made 9 new investments. Pluto is going to be massive and this will be huge for PIRI and RGO.
16.75p + 1p - Update on investment in the digital assets sector
Pires Investments plc (AIM: PIRI), the investment company focused on next generation technology, is pleased to provide an update on its investment in Pluto Digital Assets plc ("Pluto"), a technology company that is operating in the exciting digital assets sector.
Since Pluto's recent equity funding, which raised in excess of GBP20 million, the company continues to make excellent progress. It is now involved with a further nine digital asset projects and is also in discussions with several other early-stage decentralised technology projects; some of which the company expects to be signed in the coming weeks.
In particular, Pluto recently participated in the latest FTX (a cryptocurrency exchange) project, Oxygen Protocol ("OXY"), a decentralised finance ("DeFi") Prime Brokerage Protocol. The new OXY token created as part of this project has recently successfully listed. Pluto holds 2,000,000 OXY tokens, acquired at a price of US$0.10 per token. Currently, OXY tokens are trading at around US$3 per token. .....
https://www.lse.co.uk/rns/PIRI/update-on-investment-in-the-digital-assets-sector-ytlv7hophdrjz15.html
Just cant buy any of this stock :-(
Peter Redmond, Chairman of Pires, commented:
"We are very pleased to note Pluto's progress following its equity fundraise earlier this month. Pluto is extremely well-positioned to capture early-stage opportunities within the decentralised technology sector, which is growing rapidly.
"We look forward to updating the market on Pluto's growth and the developments relating to its pipeline of projects in due course."
I just cant buy any of these shares -
For 2021..
From Twitter
Interesting, MKumar..
Thanks, I'll take a look
Just for info PIRI has good relations with RFOX labs which may be relevant as follows-
Crypto expert Arnold Austin on March 20th daily HODL article- Has an eye on Redfox labs whose Rforx token serves as universal token with a bridge to WAXP network-
Rfox is building an ecosystem of inter-operable tournament based video games that uses emerging techs
15.50 v 16p only 1 left
Buying at the end of the day
19-Mar-21 16:11:15 15.9833 31,207
19-Mar-21 16:02:45 15.90 12,528
19-Mar-21 15:58:29 15.85 31,545
I like RGO...looks very well managed , bit can't invest in Interactive investor unfortunately..
Worth remembering though that PIRES additionally holds 24million warrants in Pluto, on top of a bigger slice.
Low6 going under the radar a little bit here in the crypto frenzy..
But Chris Akers expect it to become a unicorn quite quickly after IPO with Pires at near 2% (or £20million if that happens)
Gunsynd also have a slice with Chris Akers in there at 6%+
Let us not forget that RGO own about 18% of Piri ,apart from their own 4%+ of Pluto
Just sold some ARB to top up, now fully positioned. I agree this has a better upside for the Pluto IPO than ARB. Probably not a LTH for me but happy to be in right now. GLA
Not sure about that as Argo has phenomenal BTC and ZEC mining operations. However PIRI and RGO are much more highly geared to Pluto than ARB is based on the ratio of their market caps to their stakes in the business, so if you want a bit of extra exposure to Pluto then they look like an excellent buy.
Although both invested in Pluto, im guessing this has the potential to multibag many more times than Argo due its low market cap
Agreed. The SP has consolidated nicely for 2 months and I'm surprised there has been no breakout yet. The Pluto investment looks quality and should really light this up. Given Pluto's assets and the market appetite at present I won't be surprised their IPO is done at a massive premium to PIRI's investment price. Not long to find out.
Im in at 16.5p. All the signs this is going to be huge