PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Price rising and all buys today -- apart from the shares being sold hourly at 14.59 past each hour at 159 or 160 shares alternately . What's all that about? -------- anyone? Been constant over past few days.
Directors buying more shares. Sign of confidence
The opposite is true. Shares rise on a few decent buys!
Must say I'm impressed by the number of Directors' buys in recent times. On 11th Dylan Bogg at 29.5p and on 14th Bruce Hutton at 30p both topping up.
Notice today showing all Directors added yet more to their holdings at a price of 24.59 on 27th April as they consider the share to be significantly undervalued.
Thanks for that mad.
Why the big drop? Didn't expect that.
Barrie Brian, Chief Operating and Financial Officer bought 167,956 shares at 61.10p costing £102,621 on 17th March - a fortnight before the year end of 31st March. A sizeable vote of confidence! So I would hope for a good Year end Trading Statement on Monday, 30th April
I see Polar Capital European Forager Fund Limited have added 1 million shares and now hold 3.145 million, which is 4.34% of share capital. Well placed confidence imho following the excellent result reported on 27th March. A highly creditable performance! More of the same expected from David Morgan and team over the next few years. I aim to hold for the next 3 years at least when I expect debt position to be well reduced, sp much higher and divis being paid.
Excellent summary of the position. Good to see the overhang gone. Quality of client base, commitment of Directors and reducing debt all encouraging aspects. I'm intending to hold for the next 2 to 3 years when price should be much higher.
Hermes Equity Ownership Services Ltd have increased their holding by 230,000 to 5,565,552. A holding of over 9%. Took place on 9th Feb
Bought these last year at 426 as a core holding. I see this as a sound investment for the medium / long term producing good dividend. No negatives showing up in this encouraging statement. Up at 497 currently.
More Director buys
Large number of sales today / drop in sp. Any news on this one?
Early reaction to trading update very positive. Bid/Ask 343/344. Up 24p (7.5%)
Opened strongly. Currently at 102.95. Looking good.
Good news. Very positive statement out today. Bodes well for the future.
RNS out this morning indicating 2 other main directors further increased their holdings on 8th April.
RNS stating that Robert Day, Exec. Director bought 75000 shares at 15p on 5th April, taking his holding to 6,380,603 which represents approx. 8.81% of issued share capital of the company
Don't see the debt position as a concern. They talk of slight increase in debt position and give positive reasons for it. Agree on growth prospects and I too hold for medium term. Expect target of 350p achievable. Always possibility of CIT spin off at some stage? Good luck