Member Info for threeputt

They were asked to mediate and agree a shortened timeframe, depends who mediated the best lol

Institutional investors aren't rational, they have their own rules and will sell

Well done Laura, I almost made a small punt in here yesterday when it was passed on as a tip on ZEN. Obviously I wish I had now ! Coulda shoulda !

There you go have another thread title. I agree with Florida. I couldn't give a hoot what they do with the cash if they win as I'm only here for the potential and if people keep buying and arbitration comes out in their favour then a multibagger is what we'll get, I'm not interested in their drilling prospects right now I'm only interested in the prospect of arbitration

Congrats on getting that quote, I couldn't get one

They say profit warnings come in 3's, wondering if this one will come in as a 4th and buck the trend

That they're being bought out for £11 ? Often happens

Of course it's not a positive but it's because they are delisting, but not until 23/1. I'm in for a small punt, as Laura says this could do a quick 100% easy and I'm willing to lose

I tip my hat to anyone that saw this rise coming

"as announced on 6 December 2024, the cash headroom available to the business is less than previously anticipated. As a result, the Board anticipates that additional funding will be required by the Group in early 2025"

but also delisting as we know:

"The Company is seeking Shareholder approval for the Cancellation and Re-registration at the General Meeting, which has been convened for 11am on 8 January 2025"

So given that they only have £0.5m of funding available on their facility which happens first if at all ? Surely once they are out of aim they find it harder to obtain funding ?

I'm not in but always been interested as I happened to make a little profit through the years and always thought it looked a decent proposition

Some not very subtle insider trading by the looks, if only the FCA had balls

PFCVeteran, the buyers today won't be holding until the dilution as they're essentially gambling that it will go up in the meantime. Dangerous game of course but essentially bottom pickers gambling imo

Sorry you bought too early but thats your problem, I'm in ptofit because I waited

And yet the sp keeps going up

According to Stockopedia:

Tuesday, January 28th 2025

Q3 2025 Pets at Home Group PLC Trading Statement Release

Depends what you call a bottom, probability of a bounce sure but no idea what the next update may bring or the result of the cma enquiry

Yep

Why are the agm statements always so long ? it's almost as if they need to convince us.

"anticipate we will complete the transition phase and commence formal operations in Q1 2025", so probably not then based on their chequered history, hmm where's the admission that it's 'delayed' because that's what it is, I'm calling bs again

Shouldn't it be "officially up and running" by now ?

Had a quick look, pretty obvious they are short on cash and having to preserve which probably means less investment in the meantime, question is whether you get a bounce before the eventual raise. They say cash runway into Q3 2025 but of course may raise anyway.

Too risky for me