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Anyone chewing the fat here and thinking about investing should get stuck in. 8% rise today is pretty what for an important trading period. Very well run and rolling in cash. The top (hot) dog of the food sector
The bid has fallen below 2p again so looks likely there is a background seller Rugs. My prediction was quite amiss. Hopefully the production figures will send the SP up but we will need the encouraging November figures to continue. We can be assured that no matter how the figures are anyway that the last 10 days to January 10th have been amazing in what's known as a Lincolnism.
I wonder will this be cancelled as it appears twice. Could be a rollover but didn't see an equivalent trade recently . Or maybe shifting stock between brokers? Might explain why the SP has remained stuck despite the flurry of buys. Dkl used to be plagued with phantom trades. The worst history of this in my PF of any share. Let's hope this is not reemerging. If it is a true dump then given DKLs history of in the know sellers then we can expect some issue with the update tomorrow.
My broker is on full ask and 2.015 on the bid so I expect 2.10 on the ask but sadly the bid stuck on 2p though sellers might get 2.02/.03 . Can't see it staying at 2.05p for long.
Is no longer the question for now at least as 2p on the bid is restored and we have a wave of small but persistent buying. A decent update would surely spur further uplift but can DKL oblige? Hopefully the cashew issues are not structural because it really could be a lifeline here. The company should be throwing money at it to make it work as it is just in its infancy 🚼. But is it beyond their capabilities?
And it seems from the reported trades that there are only buyers around even now. Back in the bad old days we used to have large unreported sells so you would wonder whether the return of Dumper Dude has triggered a retrace. Of course we also know that there is always 'inspired' selling ahead of bad news at Dkl so that would be a bad omen ahead if a production update.
Good afternoon Harchris. DKl have flip flopped a few times about their pricing mechanism but my understanding is that it is tied to local CPO prices and there is a disconnect with international prices. Unless they move in tandem the international price won't have a definitive influence on the price DKL achieve.
I think 🤔 wider market sentiment is weighing on shares as there were only reported buyers so far. The MMs are maintaining the wide spread which hardly helps. The directors are as usual sat on their hands despite the lowly share price but that is to be expected of them given their reluctance to support the SP and their preference for dilution. Let's hope the production provides some ✨️ sparkle instead.
And we arrive. A bit belated but happy enough to see 2p on the bid restored. Especially in advance of the next update. Hopefully the BOD don't manage to sour the next production update with some mealy excuse but if we could get decent figures I think there could be a further rebound in the offing. Obviously nowhere near enough for the dreadful SP performance to be rectified but any clawing back of losses is a small mercy.
It did a large turnaround yesterday and seems to be gaining traction. Certainly looks undervalued and having bought in at 8.4p I am feeling cheery.
The rise is more likely attributable to bring a pick of 5 aim stocks for 2024 on II. Bit gutted as I want to buy in but will wait for a retrace if it ever comes.
Are they waiting for a carrier pigeon for the signature. Still no RNS to clarify what's going on but surely they are obliged to update today? Jan the 2nd was always an odd date to extend to anyway but PXC win an award for the most untrustworthy company in recent memory!
The ask has gone to 12p on a tiny trade. Bid is almost unchanged. Spread is very wide now. Flummoxed.
Is a load of 🔥 hot air. Lost money when I bailed ages ago but pleased I salvaged some capital. Companies like this should never be allowed to list or else demister after a year. How long is it listed now and I assume still mo finished product.
I would expect a 10% drop. Most are just hanging on in hope rather than expectation. Others are in too deep. Unfortunately the AIM casino and the house and BODs always win. This company is starting to stink to high heaven. Rns's are reading like an email scam I am afraid.
Which is very telling imo. What would you be talking about at the weekend and New Years day?? Just because the deadline was extended until Jan 2 doesn't mean that they should get it signed off before then. Very poor!
Well their history of delays and excuses as well as making everything go the wire doesn't build confidence. I am a holder but also am losing faith. Chances of success are odds against now. Only half trading day for PXC to pull a rabbit out.
Plus got the small yield along the way. I think I will trade it this time with a TP of 120 to 140 pounds. Don't think many small pi's hold these so they can move quickly on fund buying selling. Good share though which could do more. I am sure a share split would help.
You still in like it? I have started to add to my holdings with a stop loss of 6p.
I think the dent situation is precarious but parts of the business are doing well. 🤔 there is 150% upside here I reckon and 33 to 100% downside for Mr.
A 69 with DP. Best to get in quick for a piece of the action. Might slip in myself as we know what is coming.