RE: Monday price17 Feb 2020 07:59
If there is a TO being discussed in the background, and we don't know yet if there is, PB will need a price way higher than £1 I would have thought? £1 equals CAD1.72. If PB was on CAD2, even with the monthly buys his SP average is going to be high. He will want to make a decent profit himself, so I can't see this going for £1. Not sure how a TO happens to be honest, if the market set a price due to the company's performance or if the CEO of a company has any input? A combination of both maybe? As I said, I don't have any knowledge on this.
I was laughing at my lack of kowledge last night. Another share I am holding has got into discussions about which drill heads are being used and as far as I can deduce, it has all got quite tetchy and at times insulting. I not followed the whole chain as I was too busy this weekend. Honestly, If I had to pick shares with that sort of knowledge needed.....well....I would never have invested anywhere. Generally, AIM companies are like politcians to me, I don't believe any of they're stories about how great they are going to be. Apart from TXP.....the Mighty TXP!!
How do I pick shares? Not sure to be honest? Blind luck is the best description.....