PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Fingers crossed. Good weekend...
I'm just wondering how much the SP would've dropped on Wednesday if Suzy had politely reminded shareholders that they did raise £1.6m odd in Dec'23.... we'll never know, but there does seem to be a 'False Drop' element to Wednesday and so despite the lack of assets the market does still seem to be pricing in future success of VAL201/ prospects for the co etc...
I would say upside to be had from today's SP. Cash on account is no doubt part of it. GLA
The spread is only 4.1% atm so hopefully encouraging sellers with a reasonably (relatively high), Bid price for purpose of filling a large/ish buy order- and holding the price to execute the price request.... fingers crossed and all that, if you're long!
Thanks for the news article TG91
Looks like some 'off book, trading going on, as after that big buy today the next buy was at a lower price......?
Fascinating sector, the one that ELEG have got themselves set up in.
Hmm, yeah. Probably down! They've applied to the FCA to de-list (8th May RNS) and SP is already 100% above the low that ensued...
On the face of it Plutus, it's the next attempt to fill the gap up to 217p or so. Good luck all
Taken from RNS 29/07/2020: ' 1,615,253,000 SYME shares transferred to High West Capital Partners LLC
- 778,571,429 SYME shares transferred to Stock Loan Solutions LLC
- 3,500,000,000 SYME shares transferred to Union Pacific Capital Ltd
The shares have been transferred to secure loans (the "Loans") to 1AF2 ("the borrower"), with a minimum two-year duration, after which period 1AF2 confirms that it intends to repay the loans. The Loans may be drawn in a series of tranches over one month and Lenders may trade pledged shares to diversify their portfolio concentration risks. UPON REPAYMENT, ALL 5,893,824,429 SYME SHARES WILL BE RETURNED TO THE BORROWER.....
Yes he did come across as ambitious....Lots of potential