PCF.L Share Price (PCF)

PCF' 2022FY results shown further equity drain with 14m loss.

Assetmatch last auction couldn't match any trades only mentioning some bets at 0.75p (pointing to yet another sp decline)

I know, I was trying to recoup as much as possible but it was all NT. in the end I went for a blind deal but it didn’t go through. Somebody on another board thought that the MM would not be looking to trade late as they wanted to close with balanced books. Anyway, asset match next!

That strange, you should have been able to sell, in fact last hour share went up another 20% or so..

Tried selling for an hour yesterday afternoon, but left it too late.

Hi Yuri. I don't think that's FUD at all. This is not for the fainthearted, nor for the inexperienced. I have a slightly different perception of 'risk' and a higher tolerance of it *if* I think the downside is protected and the upside multiples of my basis. For those interested, you can hold unlisted shares with Interactive Investor (I own Allied Minds, another delisting, with them). I think you'll also find that management will be more forthcoming with information once they're out of the public market as there is a lot more they can tell you. I do agree that crystallising the NAV - whatever that NAV ends up being - will unlikely be timely, or plain sailing. But we're at such a massive discount that it's priced in and worth it IMHO. Even if you deduct runoff expenses, haircut the NAV and discount it at a big cost of capital, you're still well below intrinsic value and that's good enough for me. If this was trading at 3-5p, then I wouldn't be buying it and would be advocating for everyone to sell considering the aforementioned risks vs the potential net payout and likely journey (time, hassle, uncertainty, delisting). I hope that clarifies and I hope the above demonstrates that I don't mind a well considered rebuttal to anything I post.