We would love to hear your thoughts about our site and services, please take our survey here.
Many angles to this and many months or longer before all is resolved. Nothing is certain and therefore certainty of nothing is also premature. AIMHO.
Count your blessings all and good health.
1.25m CE
Thought I’d try to buy a few extra on the dip. Price offered 2.18p.
HL let me buy a few at 2.95 in case anyone having the same trouble. Good luck to all, whatever your views and pray the madness in Ukraine ends soon.
Who are you buying through Clintek? My broker says “no dice” for new positions.
No idea, but that’s one anecdotal example of a buy that couldn’t happen. How many more of those are there affecting the market? I don’t have the time / energy to chase around for a broker that will do the transaction. It wasn’t going to be mega bucks, just a little punt, but still, it all contributes. Nice fair market.
Tried to buy a few extra. IG “not accepting opening trades on this market, you may only place an order to close”
I’ve posted something similar before, but anyone any idea why I can get a quote for a large sell ( 400k shares) but the largest quotes I can get for a buy is 13.5k shares.? You’d think given the price drop it would be the other way round. No?
Could this be the last bit of kitchen sinking before better results to come? It’s possible and would make sense to get all this out now. P & P may or may not be essentially decent, I don’t know, but I do find it perfectly plausible that there were deals for mates and some skimming off of cash here and there. Cash did always seem to disappear leaving the debt high. The good thing about the report is that, apart from the lack of robust governance and control, there doesn’t seem to be anything in the report that would cause a hole in the accounts now (unless I missed it). And the drop in share price, although frustrating, was not huge - bad news could easily have meant 20 or 50% drop, and yesterday’s 5% was in the context of general decline.
I definitely believe that this is a company in demand and I could easily imagine that it’s being manipulated downwards, but to what extent I don’t know. I’m hopeful this clears the deck for some positive update. Fingers crossed and good luck all.
Tell me the small price drop against a rising gold price is not down to that pointless Peel Hunt rating? Finger in the wind time as usual.
I know there’s potential for dodgy dealing in any share but with POG, you feel like you literally can’t trust anyone. I’ve no idea who’s really pulling the strings with this share, but I’m pretty convinced that they are trying to wear down PI’s and hoover up shares as cheaply as possible. It’s such a frustrating share to own, and the champion of false dawns, but I do feel like this is now pure manipulation rather than just being an unloved share. Are the BOD even still holding back good news to keep the price down? A dividend would really give this share a boost, yet we hear nothing… deliberate? Aargh! But I’m not selling!
There always seems to be subterfuge with POG. True on the button-pressing point, but I’m definitely not going to press it and find out. Holding for the foreseeable. Come on POG… And Gold.
In my logic, getting quoted for large chunks means there’s a large order to fill. So does the fact that the price is still low suggest manipulation? Or is there another explanation? Thanks
Might be a stupid question but… Anyone know why I am able to get a price on an execution only platform for quite a chunk of POG shares when I’m not able to get a quote for a 10th of the value of shares for another company (CPI in this case). I’ve owned POG for many years and I would say that normally it’s hard to get a price for much more than 50k shares at any given point, but at the moment it seems like there’s no limit to demand, but the price doesn’t seem to match that. Price in CPI has been much healthier of late but I’d struggle to sell my much more modest holding in that share in one go. Insight? Thoughts?
You could be right. I’m so sick of being stuck around 25p, I’m grateful for any little rise…
Gold down over 1% as I type and yet POG is still blue. Anyone any thoughts? Thanks.
Anyone have any views on whether POG’s price is reacting to Gold or whether the market likes the IRC deal. Probably a bit of both. Certainly seems as though the market doesn’t hate it.
One thing that jumped out for me was the use of the word “hopefully”. That to me suggested a deliberate downplay, as who would let a trading update go out like that otherwise? “Hopefully” it means the “look how well we’ve turned things round” update isn’t too far down the track.
POG is a bit of a jam tomorrow share. It’s hard not to get frustrated when you see it slipping down and you kick yourself for not selling a few at a higher price.
I think it’s too soon still to judge this management team and, as someone else pointed out, gold is lower atm.
Good luck, health and wealth to all on this board.
I’m pre-rights and thankfully am in profit. Took up around 70% of my rights. I think many people who took up all their rights will be in profit now. If you couldn’t take up the rights then I can imagine it was VERY painful. Yes, I’d rather be at 40p than 25p, but compared to where it was I feel like I can’t complain too much.
It always feels like there’s subterfuge and manipulation going on behind the scenes with POG and I can’t say I’m certain but I’m optimistic and believe there’s value here and a good chance of a much higher price. Don’t know when mind...