RE: RNS due - Prospectus completed and published along with the new CPR.9 Aug 2023 09:05
Morning!
With the price set at 11p for the placement the MMs were never going to go below that price, other than a quick squeeze, or go above 13p. I fail to see what the point was of the troll barrage. Despite their best cringy effort, it's the market that dictates the price. With 10 million pounds of shares to churn through it was predictable that there would be stagnation in share value. There has been massive buying and that indicates that investors see Predator as a fantastic opportunity.
There will be traders who will look at an opportunity of a high return, then sell. There will also be investors who see value in our asset and hold.
This phase will soon be over.....
So, what is the next stage of movement?
It certainly won't stay at this level.
The prospective will be completed along with the CPR. PG will then be free to talk on the media, if he feels a need to do so.
The extensive testing will go ahead and will prove up just how much gas is there. The likelihood of massive amounts of gas is high.
We will most likely drill another well or/ and re-enter MOU-2.
All this is happening in real time and PG will be looking to move forward at pace.
We have funding to move us onto the next stage.....
This share has massive potential...
Inpatient as I am, I know a reward is near.
Good fortune peepsπ