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This looks like it’s being set up for a bloodbath tomorrow - for absolutely no reason. Traders will then be all over it and we’ll hopefully start the recovery.
Showing in mine - you have to make sure you haven’t got the option ticked for hiding / showing zero values holdings
Interesting that they would RNS this. I assume HSBC don’t need to submit a TR1 as they have not crossed a boundary so the company clearly wanted to let shareholders know that they had been notified of this increase. I don’t see any regulatory reason for releasing this.
The trouble is, when it does get ratified it’s pretty much expected news so the response again will be muted.
It’s generally things out of the blue that trigger SP activity. Formal notification on old news gets little response.
A couple of points taken from the AGM. Firstly, sounds like we’ve only recently now had a supportive bank that may give better funding options. Secondly, directors precluded from taking part in the December raise.
You have to take the BOD responses at face value but I’m not 100% convinced that they work as hard as they say on trying to secure debt based or non equity based funding. Issuing shares seems to be the easy route , especially if institutions come knocking, but in the end it’s always the SP and shareholders who are paying. We invested with the view that the SP and our investment would increase but that’s hard when the company keeps self inflicting damage on the SP.
I’m also not 100% convinced that directors can’t buy. I can understand the last raise was supposedly very close to the 5 airport deal but , with that and the second contract announced what prevents meaningful director buys now.
PF laments the share price and they all expect it to be much higher but there’s always something holding this back, always a nagging doubt that things aren’t as clear as they seem for some reason.
Maybe they’ll confirm at the AGM but the way these things normally work here it could be months. As usual, it’s never 100% so there’s always something to hold this back. Then when it does get ratified there’ll be no reaction.
It would be good to get closer to the £1 mark first.
All Covid related stocks are struggling , just not the interest there was last year.
Said it before - these trades at the 17.06 time are to do with Spreadbet companies and aggregating there position. A bit like the UT trade sometimes seen at 16.35 time.
I don’t know the exact details, maybe someone more clued up can confirm but pretty sure it’s Spreadbet related.
I believe the matter of trust is what’s holding this back from really reacting to the news. On the surface these contracts are transformational and should see the SP easily higher based on the ‘perceived’ value. The problem is that we all are used to Foolers announcements not quite being what they seem or have a bitter pill somewhere along the line for shareholders. Hence why this is generally a traders share rather than investor, in and out while the going is good but don’t get stung by holding too long. I think some are put of buying at present because of the fear of being blindsided by whatever Fooler does next. The broker, institutions, HNW traders have all come to rely on the WSG funding model as a good source of profit so will be pushing the BOD for more of the same. Let’s see what comes out of the AGM next week - it would be good to get some positive reassurance for shareholders but somehow I doubt it , and they’ll still all be backslapping over these 2 significant contract wins.
Aiming- I can imagine PF will be pretty disappointed by the market reaction but something you never can judge.
I think we’d have been up more without the RNS on the back of yesterday’s news. Then announce this next week to give another boost. Like I say , so difficult to know how the market will take news , especially when it comes from Fooler.
I think, whilst Fooler could probably obtain alternative funding from other methods the likelihood is he’ll still go with equity funding. The broker will be in his ear right now offering a couple of million and saying there’s a queue of punters ready to splash out big on shares at 5.5p. He won’t have to repay, it goes straight in the coffers, traders are happy and who cares if holders are p’eed off.
I truly hope we don’t go down that route and this really is a step change in the fortunes of this company but after 8 years dilution I can see PF pricking the bubble once again.
I think, whilst Fooler could probably obtain alternative funding from other methods the likelihood is he’ll still go with equity funding. The broker will be in his ear right now offering a couple of million and saying there’s a queue of punters ready to splash out big on shares at 5.5p. He won’t have to repay, it goes straight in the coffers, traders are happy and who cares if holders are p’eed off.
I truly hope we don’t go down that route and this really is a step change in the fortunes of this company but after 8 years dilution I can see PF pricking the bubble once again.
Whilst it’s great to see this buzz, I have to say there are some quite ridiculous figures being bandied about. We sit under 6p and people are talking of tripling that in the next couple of days, or 40 - 50 p in coming months ? Let’s try and stick to some level of reality. I,d be happy to see double figures this month and see that as real progress.