Still off radar...howver at 8p it's cheap....perhaps a punchier RNs is required in this market....it is the end of tax year and last weeks big risers were yesterday's big fallers so a sustained rise is more achievable from next month....
look at GATE yeterday
trading multiples of cash
we have had a 200k director buy at 8p
a new investment
a placing at 8p
and Nigel Wray buying 8% of the co
!
Topinfo ‏@TopTradersADVFN 1m1 minute ago
RHM see late Rns yesterday , stake in PUC value over £18 Million with cash already realized. Mkt cap just £3 million
http://uk.advfn.com/news/UKREG/2015/article/65829279 …
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it is the companies choice of funding ....
the CLNs are causing the pain for us - they have zero bearing on the day to day business - seen it time and time again with Darwin - as soon as they are gone the price recovers and in the interim whatever the company does in its daily business has little impact.
So I'm simply going to bottom drawer mine and wait the long wait for them to go....it could take 6 months or more.
RHM's holding of 543,168,402 shares in PUCF is valued at approximately GBP 16.58m*, based on today's closing share price of PUCF of RM 0.1700 on the ACE Market.