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Ok, so even if AA owned the whole company and that valuation was correct, it is really clear to understand that AA can no longer be classed as a Billionaire. I think he’d struggle to muster up even £100mil to help save pfc
Just looked it up, doesn’t appear to be a plc, so no idea what that company is valued at. But I’d presume nothing near where it needs to be to give AA the backing he’d need to find an injection into pfc.
If I remember rightly I’m sure AA had to put up over 20 million shares of his current holding as security when he participated in the last capital raise. But would be interesting to know what his holding in Venterra group is worth.
I’m not so sure Ayman Asfari could be the knight in shining armour even if he wanted to be. His net worth will only be a fraction of that “billionaire” status now due to how much the value of his shares in pfc have plummeted.
He was reported as being worth around 1.2 billion by Forbes back in 2017, but that was when pfc SP was £12+ per share. Only need to do the maths now the sp is where it’s at. His current holding only worth around £20mil now
26-Jan-24 15:53:21 138.00 1,987,367 Unknown* 3m
There’s some absolute tosh written on these bb’s, pi’s are so easily lead it seems. For a start if Paul was as bigger player as he makes out, trust me he wouldn’t be wasting his time on an internet form ffs.
And this so called inside info that the shorters have, did the likes of Marshall Wallace get left out of the loop? Give it a rest will ya! They’re gambling that’s all. This is why many shorts have been proved to be wrong many times over the years.
Even Blackrock got it wrong on pfc a few years back, but more often than not they always manage to buy back their borrowed shares without causing a squeeze, so the shorts won’t be sweating it as much as folk here make out if things don’t go the way they are betting on
😂
Words from the City that this will probably be delisted in the coming weeks
Neill777 whilst I do kind of agree with your thoughts, I can’t help but remind myself that they are only guessing/gambling the same way that we are.
If the shorts were so certain of a poor outcome, why aren’t they all still increasing daily?
Imo they have taken the decision of what they are willing to risk if it all goes Pete tong for them, ie the news is good and they get burnt
Couldn’t have made it more obvious that you’re a trader if you tried. Made a few bucks, seen that shorts have increased, shat yourself, so exiting today with a final ramp to hopefully keep the sp high enough for a nice profitable exit. What a joke these bb’s are
I think most folk on here forget about this being his baby. The rns clearly states how they’re looking at options that also protect shareholders, Asfari probably being the main reason for this.
Just joined the TG group now 👍
Couldn’t have happened to a nicer fella Garydav2
That’s karma for ya.
No doubt going to be constant de-ramping for the foreseeable from you on this share… Whoopy!
Thanks for the reply hereshopin, I respect your views 👍
What’s your thoughts Hereshopin? Are you considering a buy in point?
You can bet your last dollar that if those articles did exist, Snapper10 would have already been sharing them to death on here 😆
Just been searching through the three media platforms for these news articles myself, completely nonexistent. What a whopper
Not how it works, but I’m sure you already know that.
Let’s just see how it all pans out, that’s what the market is waiting for
The 500k’s were all printed at the same time, one with a -500k showing. Only time I’ve seen that on this share before was when BR were closing their short back in April 21 when pfc extended their debt facilities. After close daily for a good few days there was the same prints, two positive trades and one minus, all the same value and time stamp
Whatever they manage to squeeze out of Adam and Tom, it’ll more than likely all be swallowed up by the FCA fine once their investigation is complete. This is why I’m unsure as to what all this excitement is about. Can’t get excited until we know what the FCA are going to do about all this carry on