I'm sure PFP will find its way back into the 1.4p's, although unsure exactly when. Despite being a long term holder I always sell on "spiking without news" days and wait for the ebb tide, as per yesterday. No doubt, one day I will be caught out by a rising tide, with my pants down.
I'll wait until Monday and see what's being said in the weekend press. It's a popular known share/business, so likely to see some coverage although I doubt that any journo will be sticking their buy neck out, just yet. If there any hidden hazards then suchlike is bound to be picked out and advertised.
In such circumstances it's easy to put a limit order in at whatever sp is obvious from trades going through at the time. Admittedly, L2 is very handy for that and it almost always works for me. Main thing is to allow the mm's to know what qty you are wanting, so they know where they stand.
RE: Good news but poor market cap19 Aug 2019 09:38
Another gem of an RNS today and no doubt more to follow as the business moves up a gear. I reckon this is a clearly case of " Look after the pennies and the £pounds will take care of themselves", as far as picking up the cheap shares goes. We won't be at this bargain price level forever - it's only a matter of time and newsflow before we move well higher.
I see there was a 10.75p trade on the 16th Aug - it can't but make folks wonder how soon we may be looking at sub-10p's. All a far cry from the recent more halcyon days in July with trades over 25p showing.