Member Info for JohnHenry

Excellent entry level, added further.

At present Way way way off the market radar.

I suggest you read the recent trading update by NCYT for the rerate, rerate has got very little to do with the value of the PHE contract.

Imho ODX does not deserve the near 200% premium over GDR.
ODX MKT Cap £79M GDR MKT Cap £26M
As for NCYT based on fundamentals, Today ODX should be a factor of 10 of NCYT MKT Cap
ODX grossly overvalued compared to its peers.

Weathergeek The Marketmakers do not set the price, supply and demand, investors/Traders/Market set the price.

MEM September IP ? im guessing ive have somehow missed that announcement

Question how will they raise funds if not through an IPO

wethergeek dont forget to strip out the cash element to get a true enterprise PE value.

Surely investors can see now how overvalued the ODX Mkt Cap is compared with NCYT.

Sefton82 in case you hadn’t noticed the share price is not being driven by fundamentals, it’s being driven by sentiment and at present that is very negative , hence lower levels are a distinct possibility.
Agree Communication to retail has been abysmal, kinda strange considering 75% of PRD stock is held by retail.

Once again pushing the offer down, I’m guessing James Hudlestone is still dumping stock with them.

For 6 weeks the price has failed to get above RSI 30 which shows incredibly weak price action.
Any price much above 5p brings in sellers and the buying stops.
5p is ertainly the limit until some positive news, Trinidad appears to have gone dead, promised news from interviews and RNSs has not materialised
AIMHO

Still a bit of a battle going on around 5p as soon as the bid gets above, placees begin dumping stock once again.
If their stock can’t be cleared it’s back down to 4.6p. Hopefully they are cleared this time.
AIMHO

Just a simple logical question ? if you had just invested in a placing at 5p would you be selling @ 4.6p a few weeks later.

The smart cookies would have forward sold. however theres been very little opportunity to forward short much above 5-6p

I hold 2.5 million shares.

Ireland is of little importance to the market, something may happen may not.
Morocco has always the main reason for investing with T&T as a possible value sideshow.
At present the Market sees very little value in Morocco hence the £12M market cap.
If sentiment turns then investors may start to focus on the inherent value in Morocco.

Placing shares being churned at a loss, i doubt it.

May appear to be bombed out, however large holders still dumping stock.

Now that how you deliver an RNS.

P Griffiths needs a few lessons from P Harrington.

Certainly not a buy whilst there’s some large holders still dumping stock. 5p placing price as become very strong resistance. Placing price if received well by the market would normally offer strong support, however PRD has proved the opposite.

Continue to clear the overhang.

Aimho

Apart from a relatively unchanged week we are in the 8th straight week of declines.

RS! 14 at 31 is the lowest since the temporary covid crash.

Sentiment has truly shifted as trust in the BOD evaporated.