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The reality is that Mr Market has this priced to go bankrupt still !! If this was traded on the Nasdaq it would have a Mcap of £1b ie £5.00p a share .
Or a telsa equivalent £300 a share that's how ridiculous this stupid market values anything with no sense ??
Nelson the market views it differently Petra isn't far of all time lows !!we are at 1.64p old money now.
Before consolidation we were higher at 1.74p so just pointing out the facts that are all there to see.
Not a ramp or a deramp.
Not for while the Market is on a downward spiral !!
All that cash Petra has will hold them in good steed down the road when the real **** hits the fan.
Mr Putin has thrown a spanner in the works for now which is good thing as it has deflected the Covid C%ck up.
The Scamdemic has only just started !!!
So the bod have handed themselves 100s of thousands of shares for free what a total **** t@ke !!
So a BOD takes a company on the verge of bankruptcy with most shareholders wiped out to zero.
Restructuring has saved this company and with a share price still desecrated and still priced to fail and these crooks give themselves free money FFS .
I'm personally shocked and who agreed to these awards ??
Richard DuffyChief Executive 638k shares
Jacques BreytenbachFinance Director 456k shares
My biggest mistake was buying this dog with fleas !!
The bondholders still getting their 11% why do they care.
We have Market hitting all time highs diamonds prices surging and this goes backwards.
Obviously missed something here big time ??
Looks like a nice rally in the markets !! I don't think a $100m rock would move this share now. Let's hope diamond prices keep increasing otherwise we could see all time lows this year. Still think this will go Private by year end for absolute peanuts ??? AIMHO
Good financial stability and bringing in lots of cash !!
Most if not all AIM stocks are ponzi schemes or lifestyle stocks for greedy directors asking for placings to fund their lifestyle.
Petra isn't one of them now because of its strong balance sheet and a future dividend payer which us poor holders won't see the benefit of down the road .
Let's just hope the buy out is more than a quid ??