RE: What's that all about?11 Oct 2023 19:28
Don't really follow Pires. Cropped up when Tern tried to buy them. Having had a poke I see Peterhouse is their broker.
I'm sure it's all legit but 8 million @ 1.2p [?] makes £96K for services. Hang on my sums must be wrong. 4.37% of the company for 96K makes it worth £2.2 million.
"The current PIRI market cap is 2.44M. The company's latest EPS is 0 and P/E is N/A."
Wow.
And now you are suggesting Akers took or rather exchanged 4.4% of that for 'services'?
After one of Pires investments did a 'strategic deal' with Kerplunk?
You would have to take a guess that since they RNS'd the deal it must, literally must, mean loads of wazonga on the way, unless it doesn't, so why did Mr Akers apparently get rid of a third of his holdings, to the companies broker no less, on the day that one was announced?