PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Kind of surprised people aren't more concerned as to why someone/Collection of people are selling in the region of 50m shares in 2 days and the 1m trades keep popping up. Seems any price they can too. Large % of the company shares in issue.
Who is buying. That isn't Pi kind of buying.
Art has a duty of care to shareholders so if a huge % of the company has traded which is not normal market conditions (tell me when we last traded the volume of yesterday and today by 10am). So he knows full well what is going on so needs to force the Tr1 holders to declare or make a statement himself.
Stop defending Art. Embarrassing.
Sp now 35% down in 1.5 days trading and all is well....!! It isn't good enough.
If potential JV is buying it all Art prob hide behind his famous NDA!
Anyone thought of this idea:
So JV still in play from recent RNS'.
Could it be the potential JV collecting all these shares at a price which puts the mcap of the company at 10m. They keep buying and buying off these sellers to amass a sizeable % of the company and try for a hostile takeover. 52 week high only around 20p now.
Doesn't matter if a buy or a sell. The shares came from somewhere to facilitate a trade.
What we want our CEO to do is to communicate what is going on to cause a now 35% drop in the sp.
Surely TR1 triggered for a buyer or seller on yesterday's volume alone. Has too. But no BOD sit quiet on their lifestyle company.
Art sort it out.
Art does but continues to fail investors. Shows No Duty of Care.
Leaves everyone scratching heads like you say and guessing.
It's pretty easy to put an Rns out to explain.
Emailing individual investors telling them all is ok (what drop of 30%) is the most unprofessional thing a CEO can do. But guess that is how Art behaves.
Where did I mention aggressive selling?
Someone is selling batches where MMs can locate buyers.
As you can see.
But you keep those blinkers on.
Where is the TR1 Art as yesterday's volume would have triggered one. But BOD don't want to keep shareholders up to date.
If there wasn't a reason for us to have dropped yesterday the company would have notified us right.
So what is the problem Art? Surely if was someone being margin called and all done then should Bounce back. But cant see that yet. So is this new trading range 2.2-2.5 until news that may take us back over 3!! Shocking BOD.
Guessing our 30% drop wasn't an issue for Art and the rest of the BOD.
He has to be one of the worst CEOs I have ever come across.
It's OK only a few more days and their monthly pay cheques will be in their account.