Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Two more huge trades shown up since close. Something is happening here - but what?
Very interesting. I wouldn't have thought anyone would buy 10k worth, at over ask, unless they knew for a fact something very big was just about to happen.
Rather depends on what the expected announcement is though.
Thanks. You could well be in for a decent afternoon! GLA
afternoon all. What's happening here then?
No need to be so defensive Kiev! I'm sure that less than 7 million shares bought, from a total of nearly 1.9 billion in issue (so far) justifies a rise of 22pc. Notwithstanding that almost all of the rise was just the huge spread coming down - for now. I'm sure that once PXS turns it's first ever profit it will be revalued. Trouble is, it already has all that profit, and much more, priced in. Still, you had your chance to escape today.
So, a big announcement from PXS today. After which the sp limps up by 22pc - because they closed the spread. A bit. And that's it for another five years peeps. Apart from the annual loss, the annual placing to cover said loss, and the rampers on here desperate to pretend that this is worth 9million quid. Well maybe it won't pull back the whole gain tomorrow!
Why is that silly Alf? Two reasons companies maintain a listing - to raise money and allow the shares to be traded easily. You're saying the fundraising is done, and hardly any trades happen. So why maintain the listing? Do you actually know how much a listing costs per year?
Oh, I assumed that as this is the PXS board you would be discussing PXS! I accept that WRN is more interesting though. To answer your question no, I have not cashed out of WRN or newco, nor do I intend to for a very long time. Now, about PXS??
Repeating the same old thing, year after year, post after post? You have to be an employee of this outfit? Two tiny buys and the rampers are in heaven. Two trades all day - better off delisting and saving the expense here. Any takers for that sensible, non personal debate - or not?
I can't be trolling alfista - even he appears to have given up ramping this. Might be better for you if you researched the message and not the messenger. I note you don't deny cancelling admission to trading would help the bottom line here, except of course share issues are PXS's only hope of survival.
As far from upset as one can be as it happens. But I was alerted to PXS as a potential investment by alfista, who claims to be something of an investment expert. So I had a look here - and by any test it's a complete pile of rubbish! They could lessen the annual loss by cancelling admission to trading - after all hardly anyone buys or even sells this. Only reason they haven't - yet - is the need for continual dilution to keep the lights on.
A couple of bigger buys here today.
If the market was awash with these imagined extra shares john, buying would be easy with selling difficult. When you can sell but not buy, it means the opposite.
Just saw that additional 35k buy.
The thing that I wonder about with regards to that 35k buy is this. Why the rush? The buyer paid way more than was necessary - had they been willing to buy in smaller chunks, or over the next few days (possibly). But no, they wanted the whole lot today at a significant premium.