Member Info for Pacman121

Love how you pop up on q. Sells are being absorbed. Otherwise the sp would already be on its ass.

Someone is soaking up these sells big time.

Sounds good. Happy to disclose.

buying in or existing one increasing position. Buying behaviour is identical which would suggest everyone gets in on par. CFO started today. Looking forward to a statement from him. He has a track record in bringing in value off the cuff so let's see what he does here.

Same behaviour as a couple of weeks ago then another 5%+ institutional buyer popped up. Could be another wants in at the same price or the others are increasing their positions. Today's sells are being absorbed buy something and it isn't PI buys at the moment. Proactis have a lot going in in the background and the new CFO starts on Monday. I'd expect something positive shortly after that. With 3 new institutions on board at this level I'd say the bottom is firmly in and a reversal is due. Given the size of the contracts they deal with it would potentially only take 1 to have a material uplift on the SP.

Kashdog I agree with you in principle however scamming control back over fund raising to give him his pay rise back and the stretching out his career with Croatia pipe dreams is taking the 'p one five five'. I wasn't actually against Colin until that point. His total focus should be on stimulation permit pressure (think we are 3 weeks away from decision time frame now) and suing for damages. It's 100% obvious the decision has been wrong and delays were exaggerated by the Slovenian government. Currently we should be suing for lost revenue, and then onto claims for the £50m investment if the stimulation permits are not awarded against expert advice. Looking to dilute us into oblivion going to Croatia is ridiculous. This is a £200m in the ground project. Lets focus on where we are. Also look at the lse interview, he stated he won't re-enter talks with interested parties. Sounds like he wants to take his ball away. It's ludicrous. Time to go.

Yep. Regardless of salary he needs to go.

£5k sorry....

He needs to go at the next AGM. Really cant justify being paid just £50k a year less than a UK Prime Minister. Delays not all his fault but way too much based on delivered results and no incentive to do any better. Options as he mentions in the interview are dwarfed against his salary and £5 of investment in shares (or just over a weeks wages is insulting and he probably laughs every time he says he's invested) He was capped at £80k when shareholders got together and said no to more placings. Then he got power back by convincing majority that he need it to given weight to potential partners during data room pa lava. He got it and placed to give himself his £200k back. Said to one investor is he expected to work for free!! No but you are expected to work, and work for a justifiable salary. Time to go. Stretching out to keep big pay check going and as for Croatia..... Jeez.

Was late. Everyone will have spotted it after hours. This definitely looks to be the floor now. 3 new institutions in a few weeks is very positive (have over 15% between them). Tim stated in his interview the CFO should be able to add immediate value. Let's see. Free float is becoming limited and money it likely to be sticky at these levels. If the institutions are still accumulating we may even see a squeeze. There were quite a few unchallenged sells today and the SP barely moved, suggests order still being filled at agreed price as today's II crossed threshold on the 30th April.

Apprehension brakes are off. Positions being taken.

Big buys keep eating them up. No sellers at this levels as it's a double bottom, so basically the floor from a technical side. In theory we need sellers to satisfy the buy order/s.

29.5's are buys.

Northern Trust took 5.25% notified 3rd April 2019
Lombard Odier Asset Management (Europe) Limited took 5.21% Notified 1st April 2019

Plus there was the £253k purchase on the 23rd April (less than a week before stated update). That seems quite a risk for all parties so close to the update without positive due diligence. Guess we'll find out in a few hours.

Wayne Shadlock, global relationship director at HSBC UK, added: "We began working with Proactis over 15 years ago and this is yet another example of its innovative thinking. We have a keen understanding of the benefits of accelerating payments through the supply chain and the new technology is both scalable and unique to Proactis. The business is well positioned to drive widespread access to liquidity for SMEs, which will ultimately boost cash flow and support economic growth."

of course the directors also bought sizeable stock at 59.5p a few weeks back and HSBC have issued a statement saying they believe the business to be materially undervalued, hence happy to give them a £20,000,000 debt facility. But what does one of the biggest of the big 6 financial institutions know about lending money right????

Think it'll be just fine.

Yes! Sorry.

All looking really good isn't it :))

If it's on par with the past years performance the SP will do well, if there in material progress/forecast it will re-rate back to previous levels - Not dropped under £1 since soon after listing. 2 new institutions bought in over the last few weeks at rock bottom based on their due diligence and empirical insight as well as all the other bits; £55mil revenue, dividend paying, directors aligned with shareholders, £17m Ebitda and of course the big £20m debt facility with HSBC. Around £8mil in cash.

All we need now is an RNS to say interested parties are back at the table. Remember they pulled out due to no permits.