Member Info for Strider4

I'm in this morning. Agree, this looks a prime candidate for a push up on the next leg here.

LOL dazah - wait until Thursday! Is that when your funds become available?!

Sure, state your intentions, but don't say ridiculous things like "the share price is collapsing". You are clearly very keen on getting your target buy in price - i.e. you think this is a good investment and you like the company's prospects. So, it's a bit irritating that despite that, you continue to trash talk the company's progress, which by the way is excellent - funding with the government recently sorted, tax refund and started relocating people.

You are totally transparent in your agenda here. You are clearly very interested in the company, but want to see a lower buy in price. Didn't you know it's considered poor etiquette.

Welcome, the more the merrier!

A £300k buy in two tranches was reported late today. Interesting - someone with deep pockets is going in heavy here, not forgetting the £200k buy earlier this week, or was it last Friday.

Couple of decent sized buys today have seen the price up a touch. The price is hovering around the 20day MA now with some decent support shown at 5.25p when tested. But more interestingly quite a nice looking upward channel is taking formation and the current price is right at the bottom of it. If the price behaves as it should there will be a good-sized push up from here and fairly soon.

Decent support in the region 175-185p here, stabilised after the breakout. The 20-day MA is rising fast and we may see that as a catalyst for the next wave of interest. RSI well down from overbought territory now and the slow stochastics look to be bottoming out now, indicating we may be due some buying pressure.

Yamsel, just have a read through Oxo42's posts to get a feel for things.

If the grant comes through, it won't just rise significantly, it will RE-RATE!

Sea of blue.

I'm a new investor in PIP; bought on the recent dip. It's great to know that management show such belief in the company as to essentially loan it a total of £1.6 million over the years! This is a rare beast indeed.

on this one. Full backing of the Ethiopian government (evidenced in the recent RNS - $20 million dollar participation and tax refund) should be re-assurance enough for the financiers to sign up on decent terms, and soon. They have been lined up for a long time now so it should just be formalities now.

Yes, everything going for it here. Huge gap to start the day and it's only been up from there with strong buying into the close. Huge volume for the day. That's why I went in for a continuation buy of £7k just before the close there.

Nevermind, then, in the absence of information to the contrary, let's assume that it was someone with a deep understanding of where the company is going from here. After all he/she did just fork out close to a quarter of a million £...

Were you responsible for the £195k buy then Rivaldo?!

Yeah, somebody fancied a punt!

Yes, looks good to me. They could be in line for close to £3 million pre-tax profit. tech company PE ratios are generally 40-50 aren't they?

coming in at 5.5p+ now.

Yeah, good luck with that dazah.