Member Info for PiranhaPires

No one expects an offer to be done without due diligence. Surely there must be some rules that need to be followed and some given time scales for certain steps to take place following a company declaring they are up for sale? I believe, I seen a post before re takeovers, that an offer would needs to be a certain percentage of the highest average price over last twelve months ! Are they playing for time to get a lower average, so that a lower offer would be deemed acceptable?

Sorry a bit confused smokingjoe! Why would they be the next ones to jump liken this? And if so should this be posted on OEX discussion board?

In my view, the 14/15% drop was too much...i see no reason for such a drop given the RNS
I think the day traders departure, must have triggered a few stop losses, resulting in the drop.. they will be buying back in.
I personally wouldn’t want to be out, when we are this close to News!
Bring on early January!!!

Expected, once day traders realise that it’s going to be couple of weeks before they can make some dosh, they are off.
another opportunity to top up

I’m hoping is the drop before the news

For several days now, the Buying seems to outweigh the Selling... But the price remains the same! What are we missing, RNS due out any day, is this due to fear of flow rates being low or something else?

Hi Dyamfoolman The reason for my Buy recommendation is because I was only top slicing, Still intend to hold half for any future rise and if it drops, then I have funds to top up. I have no reason to lie to anyone, just looking to draw from more experienced traders and if anyone has experienced the same issues? Definitely could not sell the 315,000+ shares and once I phoned in, was told that I should try tranches below 50k shares or place limit which would not guarantee me a sale price, unless I try limit order which I did for 0.1420, but still never triggered despite the price being above this for some time... So my confusion comes from if there’s not many shares for sale and I high demand, why would they restrict the sale of shares to below 50k tranches! Can anyone explain? Makes no sense to me!

The 60p barrier for now seems to remain... May need some news or this may start to loose steam!

Using iii, Today, tried to sell all day 200,000sh to no avail... eventually phoned them up to be told could only sell 50k shares at the time on the market!!! Or place a limit order at a set price No issues buying up to 20k, but 30k was also rejected.. Anyone having issues!

20p by Friday... let’s see One down, so far

That would be nice Imac1 But given today increase was 2p, which was a good day, why are you expecting that to double! I’ll be happy with the same which would bring me to breakeven... fingers crossed!

last time, it got to 0.58, then all the way down,
lets see if this time it goes past the 0.60 and its able to hold

Thank you Futureisbright, Life is learning and I’m more then happy to take learning lessons and knowledge from anyone which is pepered to share. I took a screenshot, of the prices I was talking about, LSE had Open price 0.105 and close at 0.105, bid 0.11, ask 0.12.... which I would attaché if I could. if I’m looking at it wrong, would be great to know. As per PREM, obviously I’m not happy having been invested 7+ years, after inúmeras attempts at averaging down I ended up at point 0.72 of a penny loosing 50k. Only wish someone had raised their concerns, like I’m doing, at least I would have invested forewarned and never invest as much as I did. Good luck to any remaining invested, as you will need it. for me still a Sell, after so long, can only see the current state of affairs continue to drag on. The government is desperate for cash and to get anything done GR will have to pay... cash that PREM don’t have and also need to find extra cash to start new Comp... is anyone confident that either GR or the local government will change their attitude or aptitude to run the new Comp any better! GR will continue to dilute and accrue debt until his family trust will call in the debt and take control of any assets worth having to sell on or start yet again a new company and the mugging of shareholders will continue....

LSE, has it open 0.105, closed 0.105, 43 trades really moving! The oonly thing that moved was the spread, ability to buy at 0.115/12 and sell at 0.105... WOW... massive, same all. Just a money pit! One step forward three steps backwards. Assets and potential are there, but management have their hands tied up by corrupt government and red tape ... Can only predict a long ...long wait and many thousands before this goes anywhere.

Still dreaming with 2014 heights,
Come on lets see what this beauty can doo...
1p would be a good start..last time fell short
was expecting a rally this afternoon as would expect most will want to be in..

Thanks Chesh

I want a refund...

Or you can sell and save any money you have left. I’ll look to buy max £100 worth when it gets to point of a penny and them place it on the bottom drawer... if I’m lucky I may recover some of my lost money ... but wouldn’t count on it!

I currently don't have any,
need this not to blow,
in a couple of weeks may be able to release some cash to buy in... But i have a feeling i'll be missing the BOAT. story of my life...;)
can't win them all!
sure this must be a BUY at this sort of price, looking good for a double at least

on the declared purchase alone, he is up £400k, give or take,
i don't think anyone needs to be concerned