President Enrgy Share Price (PPC)

Maybe it has something to do with a repetitive strategy playing out by PPC over 10 years. Have a production target > fail to meet that production target > Do a placing > Buy and asset > REPEAT!

Thanks, I stand corrected on the %, however this was positive news so am surprised the sp hasn't gone up to represent this step in the right direction.

CGC are buying US$1.825 million shares in a number of tranches; I hope this comes to a lot less than 10% of the company, although on the current SP trajectory....!!

Would rather not have to make gallows humours jokes here, oh well, maybe after the Argentine election is over next week, some investment will come in. Hopefully people will be able to see the progress PPC are making rather than worrying about macro environment issues.

"CSG are taking up 10% in the company"

I suggest you read the RNS again!

Still sat on side lines waiting to invest, thought I had missed the boat after I saw the RNS. It's incredible the sp hasn't moved, apart from it appearing a good deal, investors as I understand were concerned that PL has such a large share holding that he could 1 day take the company private, this has reduced the risk. Also as I previously mentioned at the current price I wouldn't be surprised if they got taken over by a larger fish and PL ends up with a high up position in a new company. Well, CSG are taking up 10% in the company , could be very interesting. I'm just waiting now to see what happens in the elections in Argentina at the end of month before fully committing. The big question is - What does it take to move the sp ??