Member Info for Waterloo04

I think we can expect these "corrections" from time to time. Doesn't bother me greatly - I am taking a twelve-month view here when I expect the sp to be circa £1.50. GLA.

Particularly, the Finance Director...

Thanks, Ratboy. I am hoping for some positive press comment soon about the move to the main market.

Many thanks. I am hopeful that the switch to the main market will be good for us all (despite some short-term volatility in the sp!).

I bought some more this morning - a (very) tiny dent in the shares Van Eck has sold!

Thanks, Mike. I don't know the answer to this. But when we move from AIM to the main market, will Arrowstreet have to close its short position, or will such positions automatically transfer to the new market?

I bought just over a year ago at 28p with a target price in my mind after 12 months of 50p!

Mike - thanks for your correction regarding the short.

Meanwhile, Arrowstreet increases their short position! I don't pretend to understand what they are doing!!

It would be great if this matter was addressed as part of the main market listing.

Regarding dividends, don't forget to factor in the SA withholding tax, which most of us can't get back!

Let's not forget that 12 months ago the sp was circa 28p. That was when I first bought in (a bit slow to the party!).

Much of the recent rise was in anticipation of good results and the full market listing. Plenty of upside yet. I am happy with slow and steady.

Charles - I went straight to the company website. All the info was there just after 7am.

Webcast 11.00 BST, I think.

No unexpected surprises that I could see. Like the increased dividend too,

That was some drop this afternoon - down to 62.5p. Spiked back up pretty rapidly.

I see that Arrowstreet is evidently still with us! It has been explained on here before that their involvement is probably more complicated than a simple short (as most of us would understand it). Nevertheless, a day of reckoning must come eventually regarding the shares they have borrowed. One assumes that the day of reckoning will be a costly one for them!

Offler - my understanding is that if a company wants to move from the AIM to the main market, it must first delist from the AIM and then issue a new prospectus before it applies to join the main market. It seems to be quite a complex procedure. Nowhere have I read that PAF is contemplating doing this. Happy to be corrected.

You could be right, Bustard. But it's a fairly complicated process, and I haven't read anything from the company about this. Maybe that will change in the next announcement.