focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
O2 deal could be ? PIs have the heads up from yesterday Tomorrow would be great
RECOMMEDED post by Korg
12m held by BOD members and substantial II backing
Fair enough but you or I neither know what the next RNS will say but to say dilution at 4p is guessing as much as I'm saying we're going to be bought by O2 This sector is all about M&A foe survival Just look at what BT want to do
Who's dismissing the cash ? I'm not and I'll wait for the leaked RNS that's coming but with directors buying at 9.75 I'll take it too that the II is happy too. You miss the point that you speculate the O2 deal won't be good for PINN and I'd love it if they were taken out
Flatlining until RNS - yes Talking to O2 - yes Revenue stream creation - next RNS will say Illiquid is good - bad if selling not when its rising How much did the directors do in PLACINGS last year ? £200k per month dependant on O2 deal can be dealt with Are you looking for a cheaper entry price on this ? Which way do you want it ?
Lemonade - if you've lost your fizz for PINN then that's fine however the directors and II are putting their money where the mouth is O2 deal can only be another revenue stream - should it not ? Previous placings by directors - have they not ? Low free float - have they not 33m ? Illiquid share - shareholder value is it not ? 50% up on yesterday are we not ? Do you hold - not ?
Volume will set this away SP - it's not going below 8.50 in the longer term News anytime SCAP smiling at 10.25
Early morning scaremongery hasn't worked I'd much rather see a steady increase for now in the build up to news that we KNOW we're getting Back to 9s shortly
Slight retrace expected after yesterday's surge - come on let's get real ! It's holding at mid 8s 50% higher than yesterday The next RNS will see another 70% + increase and thats why I hold and others are taking postion Directors and II have all increased their holdings and O2 in talks - positive news Expect an RNS the moment the deal is done - take over ?
The bashed want in ! If you've sold that's fine perhaps should of done it yesterday at 11p It's an illiquid share where such low freefloat - shareholder value It's means orders need to filled when taken hence the aggressive shake Posters want a lower price to re- enter I expect, but I'd rather be in than out because you know as well as I do that it will rocket on the right news It's a compliment when holders sell out but hang around !
3 v 1 = orders to fill
Directors had done what all directors should do and put their money where their mouth is Just look at the directors deals 19/02/14 £99,999,99 - Thomas Black did his own placing at 9.75 ! 03/11/13 £49,999.95 Ditto @ 6.50 - smart move ! They didn't go to the city
1m traded first 30 mins and volume is the key and will monitor 9s exhausted now - next level
Commentary on a illiquid share is easy as when so few about the moment volume arrives it rockets Yesterday was proof Posters who have sold need not worry about the ones holding Ready for the next level 8.75 exhausted
The pattern will be to fill 4/5 orders and take it down .25/50 to fill the next 4/5 There's just no shares about - perfect Dismiss small sells just keep an eye on the 50k+ tranches 2 v 1 = demand
Full ask Similar as FITB in that aggressive shakes and swings to get shares its so obvious News any time
As expected - aggressive spread to force the shares out The market has been told something we shouldn't of known Why are we talking to O2 - but for postive news The directors known and the II knows Bid raised
100k buyer back at full ask In auction The key to a illiquid share is to understand the pressure of getting shares out of PI hands thus the spread will play a big part in scaring you into selling them It's HOLD to the news thats forthcoming
Mistaken PR error forces acknowledgement of talks with O2 foe additional revenues Barely any free flaot shares Placing in the past all by directors II increases stake in December 14 Director increases in December For once the PIs have the advantage News anytime