NEW BROKER8 Jun 2019 18:08
My first reaction after the news broke, as I posted on here was to raise funds. That is still my opinion and looking deeper into Brandon, they are a far more sophisticated outfit than our other broker. Have you noted the two contacts? Jonathan Evans Head of Corporate Finance and Oliver Stansfield CEO. Look a little deeper and it is my strong belief that with these on board, I can see a new fund raise, with the possible cancellation of the CLN deal.Further more they specialise in corporate sales and reverse takeovers and has Paul not mentioned, deals been done???
A lot of mention of investing on here today and may I chip in with my best gamble, in TERN at 2p ish and selling at 48p. This company has struggled ever since but believe me the SP is about to blow again and I have been buying all last week..If you do some research you will find that 94% of shares are in safe hands.To be honest I do not bet on many companies and my only other recent punt was on UPL and I pulled out of that before the result at WICK with a small loss, due to the long delays in drilling. I also lie to have a daily bet on CEY if the Gold Futures are positive..
Back to PRD and if the CLN is cancelled you may see a big turnround in the SP, providing the new arrangement is not at atoo big a discount to the SP . So why bring in this new Broker, with a big reputation, if nothing is to change?