17p by April 1st on the cards unfortunately, too much debt to sort out and plenty of jam tomorrow predicted here and let’s not forget the 11%+ shares held by short trade scum
Over 11% shares in hands of short traders27 Mar 2024 05:44
It appears that short traders have still not reduced so no news means yesterday's rise will get sold today with some of the money moving over to wood group
Never try to catch a falling knife, share price went down from 3.5p to 0.19p to raise cash for the last drill, how low will it go this time before the next cash raise I wonder?
Shorts will continue to take this down and could be a very long March ahead for pfc investors, soon be in the teens and much better value when the bottom is reached.
Unfortunately I can see a month of selling into a falling share price here, March is going to be a bad month for investors in pfc and the short sellers will make sure the share price erosion continues on a daily basis.
I wonder what the share price will be at the end of March, could test the teens again with short interest so high and still number 1 on the most shorted shares list.