PYX Resources: Achieving volume and diversification milestones. Watch the video here.
if you can get 3pence - take it. These are worthless - market is just not caught up.
mountainous - sounds like you are relaying the symptoms of a patient about to pass and saying that they are still breathing and their heart beat is fine.... this company in its current form is done.Shareholders will get next to nothing. the current share price looks like the top of it...
I thought anyone with a shred of common sense would sellthis morning. 4 pence is fantastic exit point for people considering these shares are effectively worthless now... lots of stupid shareholders out there imo.
What a crap trading statement - one figure in it and rather meaningless at thar... 5% increase vs what. For a company that deals with numbers daily, that trading statement was written terribly. Thankfully no shares in this company... can see these sub £1.50 easily within 6 months...
Tinker - I used to have c. £100k in Aviva. I sold pre the payment of the special dividend. This company is uninspiring in terms of its share price movement...
so much debt... it is drowning in a sea of debt. I cannot see the environment improving in the next 12 months. I had a drink and meal there a few months ago. Beer was good but meal was pathetic... a few goujons and chips thrown on a plate and tasted awful.
Another basket case... loads of debt and a pretty dire future... !!!!
Net assets £96 million at end of July last year ... suggests fair value per share is c.20 pence and falling Surprised it raised £40 million
A Jones - you are entirely naive... the raise wasn't an expression of confidence rather an attempt to save the company from bankruptcy. The raise doesn't change the story's ending, just the timing imo.
AJ Jones...never believe anything a company says... do your own research. If they raise money, they will do what all companies like AO world do, pee it up against the wall. Why would a company exec care - sure its only your money... and we can keep asking for more.
Complete disaster of a company . owes billons and operating in redundant areas... with slumping sales and rising costs. Its worthless if you count the debt.... All IMHO
Sell quickly is my advice to anyone holding
This company's days are firmly numbered.... debt nearly four times market capitalssation and revenue in terminal decline for years.... margin going down.... EBITDA and profit down for years. Fair value of shares is 20 pence.