Member Info for GedW

Equities are always pricing in what is known. If this stock was undervalued, the Market would be all over it like a rash. So far share prices are propped up with fundraisings with little or no profit streams from the alleged new "next big thing" ? More and more money will be raised to advance alleged share enhancing unproven products. Be very wary of stocks that are propped up with ever increasing issued shares. A house of cards will always collapse in the end .

Your link has no relevence to stock liquidity. You have posted just another link that is priced in.

Hi denby69. There is a fluid trade in this stock. Change your Broker ! For every buy there is a sell ?

Sure Ventures were quicker off the mark to make the announcement. PIRI would be taking on, should it make a move on SURE, increased investments in new start ups. Either way a potential interesting day in shares traded in both PIRI and SURE in store.

With PIRI taking 28% of SVV. Is a reverse takeover on the cards ? Or is this a strategic investment only ? a tad more holding notch up and PIRI will be obliged to absorb all the remaining outstanding SVV stock at the highest price recently paid. This is all speculation, but it does mean PIRI is intent on mopping up new venture outfits.

Hi Nick. You are on record of stating a share price target of 21p. Well you would pump this price as it suits your situation ? But PIRI is no where near a value of that price on fundamentals. There is no income stream, there are a multitude of Business "ifs". So you are far off 21p price target, which I cannot see your logic.

Hi; The numbers do not stack up here in my opinion? Shed loads of money is being pumped in via share issue, but nothing material is forthcoming. Substantial shareholders are cashing in on warrants, and selling shares on recent highs. There has not been increased shareholdings announcements? Low6 when floated will not be valued anything above its current valuation, there are not enough subscribers to attract additional investors. A question to substantial shareholders. Will Low6 meet listing requirements.

Hi Nick. Oh Dear. Looks like you are a soothsayer, and can predict future messaging, or is that your generic reply to those who see things differently? The only carp is the ones GedW catches. Do not fall into the trap that this becomes personal ? PIRES is no different from any other Corporate future riches story.

Should add. Once and if a secondary comes. Shareholdings will be diluted. Share price usually, but not always fall, this is because Market Cap equilibrium kicks in. When the share price falls those that bought in at higher share price bail out, the herd panic stampede kicks in, those who speculate on prospects mop up freefall price. Then the whole cycle repeats. Loan finance has dropped out of favour due to cost and obligation, but Equity Finance is preferred, use to be Rights Issues, but now with a pool of money flush "individuals" it is easier and much preferred to go for Placings.

Having come from a Corporate Legal background sometimes the Corporate Model is at odds with the Business Model. I only know that PIRES is here because it raises money from investors ? The Business model is churned over by those who believe that PIRI has made sound investments and employed those with experience to deliver on the Corporate trust ? So far the Corporate fundraising has not yet delivered Business upside, but correct me if I am wrong. Lts of potential but nothing concrete but has "potential". I feel an "Oh Dear GedW " coming soon. I see Corporate reality differently to Business Potential. Come Secondary Placings linked with Warrants (by the way I know Freebie Warrants are priced higher than current share price, but they give the owner the option, but not the obligation to redeem at some time in the future). PIRI WILL raise funds in the near future in my opinion.

Brings to PIRI experience of Corporate fundraising. Director of an AIM Company with 7 Billion issued shares currently trading around 2.3p and with a Market Cap of £163 Millions. PIRI has a lot of catching up to do ?

I have always maintained that PIRI is ripe for Secondary offerings, shareholdings dilutions will follow, Market Cap will rise on the back of eventual Placings in my opinion. What is needed are splendid performances from the Investee Companies to justify Shareholders faith, but all in my own opinion.

Not pessimistic. Just recognising the Corporate realities. Too much "potential" in the share price.

As much as PIRES is ticking the right boxes in ordinary shareholders minds ? The main way to profit from PIRES shares is to be involved in the secondary offerings. With secondary offerings, placings by all account, is to indulge in buying offered shares at a price lower than recent prevailing price, if available warrants might be attached, priced at considerably lower than prevailing price. Thus when hype, oops Corporate positives absorb interest, bail out at a nice handsome profit, leaving the Market to absorb the additional shares. Market Cap rises as a result of the additional shares, but PIRES still only has speculative investments in its Portfolio, and yes they can be hyped up to Kingdom come, but no income or profit to PIRES is coming home to justify current share price in my humble opinion. Share price weakness is currently justified.

What was the level of investment? Cannot find VIRTEX VR LIMITED at Companies House UK ?

Does anyone have any further information ?

Hi junior007: It is impossible for any earthly entity to know or even predict the future. Take us back 12 months, did MM's predict what was about to hit ?

Yes everyone can speculate, but life has a habit of not following rhetoric or a well written script, it may well have to be re-written to suit varying changing circumstances. Not one shareholder is in any position to have inside future information. Do you ?

The future is fraught with Corporate and Business uncertainty in spite of alleged positive indicators. Keep level headed and look back to Corporate similarities, I remember buying into a small textile business in the 80's and since the Corporate Governance Code look upon investing as what is evolving today. I can't focus on the future as that I have no control, but I can control my present investing strategy based on history, and the present unfolding scenario. I have a 50/50 chance of predicting the future share price performance gived the choice of a rise or a fall.

What is for sure is that the day's close is close to intraday highest price. Consistent buying continues to put pressure on mid price. Market Makers will pitch prices on demand, but not necessarily on fundamentals as there is not that much independent research on PIRI. This share is neglected but Substantial holdings increase may provide some insight as to the direction PIRI as a Company is heading.

They are always good for the stability and orderly Market.

Should anyone be interested to know what triggers "Price Monitoring" ?

These are essentially auctions which are small intervals during the regular trading day where the electronic order book is effectively frozen. During this time, orders are collected from the market – known as the Call Period – and the matching algorithm considers the orders that have been entered and calculates the price that the maximum amount of shares can be executed. The intention is to find the most popular and reliable price for a security.

At the end of this Call Period, orders that can be matched are executed in an event referred to as the uncrossing, which takes place within a randomised 30 seconds of the end of the Call Period. However, should the auction fail to generate a reliable price, then a price monitoring extension is generated.

This is how Placing investors are selected ? If a company conducts a placing (also known as a placement of shares) then it is aiming to raise equity by issuing new shares in the business to new investors, rather than existing shareholders like it does under a rights issue. The new shares are usually sold to a small band of high-profile investors, usually to institutions such as banks and pension funds rather than individuals.