Member Info for theeaccountant

"So, although the share price is unchanged since the interim results and well below the 77p level at which I suggested buying at the start of the year (‘An underrated microcap on a bargain-basement rating’, IC, 25 January 2025), I can see scope for multiple expansion from a low base. Ahead of annual results in January 2026, the shares rate a recovery buy."

That article was published mid-July, ST of Investors Chronicle published another buy article yesterday so it is likely the effects of that. Also noted backblaze share price continued to surge yesterday.

Whilst this is not a negative RNS, the bigger vote of confidence would be investment from the Directors. No shares have been bought for a long time and the SP has dropped phenomenally.

Ria, you must be winding people up now. If I look at the forum for the top riser each day I see you pump and dumping. Incredible. "DYOR"

But Ria, I thought this was definitely going to multibag by the end of the week? 6.00+ anytime now?? “DYOR” classic pumper. Well thank you for providing some entertainment, despite these moments being outnumbered by you being annoying.

First bought PTRO in 2021 and feel no need whatsoever to share my thoughts of the company at this time. I simply frown upon the abundance of pump and dump posts in what was previously a good forum.

Ria posts more in one day than this forum usually sees in one week. Please feel free to take your pumping elsewhere.

Market cap now £1.1m, incredible yet surprising downfall. Still seems undervalued, fingers crossed positive news soon.

Any longterm holders know that this is a huge RNS, combined with the full year results beating market expectations and FY23 looking positive there are several reasons to invest regardless of the spread.

Looking forward to returning to previous highs.

I can see you have posted same thing in other forums today.

If you had realised how negatively the market has viewed PTRO in the last 12 months you would know that the expectations were pretty diabolical, the RNS is pretty grim reading but not diabolical.

I am in a similar position, except I have continue to hold these. There is a long list of dogs that ST has tipped: PTRO, KMK, TSL (target 140p shares, acquired at circa 29p), BVC, SLE, LOOP, MTR. These are a select few from an ever increasing list.

Agreed, not sure why directors would not be buying more if the issues lie as far as the RNS.

Surely not. It is ridiculous how it has got to this level. Down another 10% today, £2k sold off.

Need the FY results ASAP.

It's $780k.

I am in the same position as silverknight, not sure how much longer I can keep averaging down.

I can assure you that ST has a lot of big fallers other than Kromek and Arix.

Thinksmart he was banging the drum on that as well, saying how the sum of the parts value was 140p (he was tipping at around 110p I think). The company was acquired recently with shareholders receiving 29p per share.

BATM Advanced Comms - ST once gave this a sum of the parts valuation of 170p (Aug 21) and it was down to 21p this time last month. Admittedly it has had a very strong last month bouncing back to 32p but even still...

Agreed it is poor, won’t hear anything from him until the FY results I expected.

From bad to worse, this share is testing my patience. From the last two updates Q1 23 should be much improved but got a long wait until then

not sure where this has gone so awfully wrong, been patient for a long time and there is little to show for it. I have averaged down as I still believe it is significantly undervalued. Hopeful that the FY results will be more positive than the SP decline suggests despite the update couple weeks ago.

Funny how ST had a target price of 100p for this.

reckon there is a significant number of IC investors that have not enjoyed having their money tied up for this long a period, they'll be out ASAP. If ST does an update on it they'll be back in town.

Encouraging statement to hear based on figures that do not take into consideration the significant contract (last RNS) that will hopefully come through later in the year