Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
I think its just realization that it will take years for the value to out itself.
I would sell if I could be bothered but after buying in at 4p the amount its worth now is just bottom draw stock, may as well leave it, past caring.
My guess is that the Invasion and its impact on markets generally is giving investors a 'pull' reason to exit PRE and chase other perceived bargains. I suspect lots of investors have been tempted to sell PRE because of lack of news over the last few months ('push' factors) but not quite pressed the button.
My problem is that any upward movement from here will just get sold into and/or that financing will be at this low SP and make it even harder to get back to 120+
I'm in the Telegram group and it's ok, not that rampy compared to others. Skulker was just a bit too abrasive and clearly has a personal issue with PA. I would have kept him in the group but no big loss to be honest, it's obvious where he stands and is not offering any further insight.
Wonderfully ironic it was released on the same day that you said " there is nothing to research, there is no solid information on PRE. Its 100% bull****."
Michael Stiasnys doesn't agree.
I would think that your time here is done? No coming back from this!
Well I asked you the question Dumbpunter about why you are here in a genuine way, as I have no issue with reading contrarian views if offered with genuine incentives. But you have failed to reply. So sadly you have left me with no option to assume your motives are not good so will be ignoring anything you say from now on, as I suspect most people are already. You have given no rational explanation for your time and efforts on here, it just doesn't stack up.
Why have you never bought PRE but still post here often ? (beyond the 'normal' point anyone would if they were researching it still) . And I only ask because I don't mind at all contrarian views but it helps to understand the motives, I am genuinely interested.
At the moment you are coming across as a paid deramper which whilst you may not be, is if I was a betting man where I would possibly put you.
I think you have to factor in that the ML was pretty much expected, it was just a question of when - or more importantly there didn't seem to be much risk of it not being given. This was just my reading of it, I could be wrong and maybe the risk was greater than I thought? Anyway, assuming the market mostly though the same as me then it was probably mostly priced in already at current levels.
I had to laugh when I saw that statement from Theo -'news in the 4 weeks or carnage'. That is an absolute classic shorter statement, teeing up for a run at the share. In fact, it's a bit too obvious. I assume he's not been in this game long.
I agree AIM, if Kabunga still has a couple of million shares to sell then what better time to do it than at close of play after ML is RNS'd. The SP will drop and then everyone will assume it is typical 'sell on news' and SP will stay depressed until next bit of news flow.
I'm happy to for him to keep selling bit by bit at this level, it is not doing too much damage at the moment.
Good balance of buyers and sellers this morning and the transactions look 'normal' after yesterdays rise. Hopefully signs that there is little manipulation going on, that LTH who have taking profits are drying up, and that the shorter that PA talked about has moved on for now...
Nothing goes up smoothly though so who knows how it will play out until all the funding is announced.
But nothing has fundamentally changed from 3 months ago when the price was the same, so its the market that took it up over 200, not PRE. Agreed there has been little news and a fairly dull BP, but all that would suggest that the SP drifting back to 110-120 is not that surprising compared to 3 months ago when the market starting to 'buy on rumor' .
I am was late to the share so I am under water % so share the frustrations.
"Plenty of people taking profits off the table, the trouble is you don’t know what the bod are going to do next, very risky in my opinion."
Taking profit (either top slicing or selling everything) is one of the fundamental basic lessons of investing and should never be seen negatively. It is also why share prices never move smoothly . It will, and should happen here as with any other share.