fillurboots23 Dec 2015 12:50
Correct - why is the director continuing to loan to PAA? Answer - because he "still" thinks he will get his money back at a later date... if the company was going to go bust - why not pull the plug now and save himself another £127k he has just loaned out... the £3 million figure is also debated on Advfn (if you have time to read back).. some of it may be written back - the golf rights may be sold on.
Don't get me wrong - this is very high risk - look at OXS today - you never know with virtually any AIM company when something might go wrong.. but as a risk/reward "small" punt I personally will continue to hold - just don't let PAA or any other AIM share dominate your portfolio gl