PYX Resources: Achieving volume and diversification milestones. Watch the video here.
That is what I thought.
I would have loved to but no funds in account and my other shares are treading water, ah well that's life.
I bought some yesterday and also feel like a bit of a mug, I have been investing in shares for years and still make rookie mistakes, the older you get, the dafter you get as the saying goes.
It is 27p now, my first guess was right.
Wow my 27p was optimistic, this is a bloodbath.
No trades yet, I wonder why.
27p
The FCA are useless when it comes to leaks like this.
I did the same and wish I had not, it really is annoying, we were waiting for news on TORP's and stage 2 funding as debt and we get this, I am done with trading this share, just put them away and wait for production.
It may well drop another 10% at least, not sure if support levels mean much now with the prospect of dilution.
Well the RNS explains the recent drop in the SP and I would bet on new Equity, that was not a great RNS and who is responsible for the leak, like they say investment can go up and down with no guarantees but it seems some people have a slight edge.
The share price should improve but South Africa is going down the same failed route as Zimbabwe, it is not a country that is attracting investment, the Left Wing government are in the process of destroying the white farms and the policy of employing the representative percentage of whites in government jobs and contractors will not help, so I am hoping a swift rise so I can sell.
I use HSD (Halifax) and their was the KID problem a few months ago which was sorted and BLU shares could be bought, after a couple of Months they could not be and if I remeber rightly it was to do with BLU being invested in certain types of financial instruments, that was probably a reference to crypto currency, anyway the current situation is HSD no longer allow investment in BLU, other brokers of course do, I think it is a policy decision by HSD.
HSD (Halifax) no longer allow investment in this stock, has been like that for a while, I think it is to do with the Crypto currency connection, I have about a million shares in BLU and can only sell them through HSD and not add more shares, somewhat annoying to say the least.