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Like I said, I will need to look at the latest financial statements to determine the new financial position as well as the liabilities, short term and long.
But to me, we need far more than a £1m credit facility for growth as the current cashflow (esp. from placing) will only cover the insolvency from 2018 year end
The market reaction to today's 3 RNS' says it all
We were dropping prior to them (post placing as well) and on release we drop again
There has been no name to the global partner speculation
Would not be surprised if it's just an insignificant contract
I fear the £6m (over subscribed) placing was just to cover the £6m of insolvency on the financial position (2018)
The accounts show decreased revenue and margins. So it's only natural that overheads should be cut due to the reduced turnover.
Can anyone see Apex Rides muscling in on Peloton territory? I personally can't
It will interesting to see how the next set of figures improve on the insolvent financial position at 31 Dec 2018. The Company also struggled with liquidity on the short term.
Are we heading back to the lower side of 1p?
Thanks Dorsett
May top up on Monday or Tuesday
Hopefully this support price holds or rises
This just keeps dropping
I tried to sell two weeks ago but couldn't even sell 100 shares
Now they'll take 1m vol no problem
Has anyone heard about any news on the horizon or when the 2020 accounts will be filed?
Is there any news expected in next two weeks?
I saw a lot projects in progress
Technically, this share looks like its being held at the support level and is due a 10%+ rise in next fortnight
Looking to top up
Clearly the drop is manufactured for all the corporate shareholders set to be confirmed as per the RNS
I would have hoped they would pay a decent premium for PI's shares
But hey ho, we will get a jump in SP once they are confirmed plus strong holders got to top up for cheap and new investors are in at a very good price
Hi Steve,
Yeah I've been following all you guys everyday
Not really one to write on BB's
But had to join the party this time around
Definitely behind JB to fix this all
Seems like the only one who gives time to PI's and actually has some passion about his co