Bit of a mystery28 Feb 2018 09:21
why the drip, drip of small time PI type sells. Especially at this low price.
PGD's market cap is circa �25m yet they look odds-on certainties to be producing circa �25m net revenues in 2018.
How many AIM listed companies can claim that???
Appreciate �25m every year in pay-back terms against over �200m spend after 16 years ain't impressive and it doesn't help having billions of shares in circulation, even if the CP own a fair chunk of them.
Let's hope it's simply a matter of the MMs having an overhang of stock. It seems many sell trades gets them lowering the Bid which tends to indicate that's the case.
Take it the House Broker is still asleep on the job?