||EPS - Basic
||Market Cap (m)
|Real Estate Investment & Services
Pires Inv Share Discussion Threads
Showing 3451 to 3474 of 3475 messages
|So our ECO shares are now worth around £585k of the £800k MCAP meaning that the rest of PIRI is "worth" £215k.
I assume all these guys have day jobs outside of "running" PIRI.|
|Website is down. Perhaps they have closed up?!|
|2LB....make you bang on|
king kong dong
|They take over a £100k a year out in salaries and fess in order to invest £500k in a listed company that any of us could have bought direct at the same price.
Poor form and hardly going to attract new shareholders
Like I say, I have no idea what they are doing other than sustaining a lifestyle on our hard earned.|
|On a day to day basis they will be paying themselves a remuneration. What size of a hole will that put in the funds?|
|I honestly don't know what they are doing......
Either strategically or on a date to day basis.|
|Don't think that they would want to place at this price, massive dilution for all there including the Directors holdings, would expect some updated news beforehand|
|They will most likely need afund raise
They had £52k as at 30 April 2016
Raised £100k July 2016
Raised £525k Nov 2016
Raised £150k Nov 2016
Less £500k into Eco (Atlantic) Oil & Gas Ltd. in Feb leaves them with about £300,000|
|Interesting NED appointment. Looks as if he is there to protect Paternoster's 25% stake and hopefully to oversee an RTO.|
|tburns that 100g your speaking off was months ago june 2016
tburns25 Jan '17 - 16:26 - 116 of 140 0 0
That 100k trade at 3.298 was a Buy for the record. Great entry price here|
|I see apfindley has gone quiet here now that no lithium rto is taking place.
What a poor show.|
|Maybe a decent/quick turn on ECO before an RTO but not sure that's good etiquette- let's wait and see.
|True but dont they have to do something to maintain the listing? Big fall today makes the mkt cap ever more attractive as a reverse I guess.|
|Possibly - that would offer some sort of rational explanation since it's a position they could realise very quickly if needed.
Bit of a gamble however on the ECO price making decent progress in the short term which is far from guaranteed.
Problem is that what tends to happen when listed investment companies simply buy other listed shares is that the target shares rise but there is little or no movement in the investment vehicle due to a lack of transparency.
Either way I just think it makes PIRI look a bit pointless.
RNS at least refers to ongoing RTO activity to which this is essentially a distraction.|
|Presumably Paternoster approved this deal as they are in effect controlling Pires. I wonder if they see it as a short term way of making their money work until the RTO is sorted?|
|Paid 16p, now a shade under 20p|
|It's down because expectations were high for something innovative and a bit left field rather than something you could have just bought yourself , and incidentally that I turned down when it was offered to me direct , but I now own it by default So , as an investment , it's kind of ok but begs the question what's the point of PIRI ?|
|tburns dunno, but maybe coz zero activity suggested they were holding out for the RTO.
As they have now made an investment folks may think that the RTO chance has gone|
|Not sure why this is down -
Looks like a good investment ( See ECO thread)
WTE up PIRI down -|
|If Eco find Oil off \Guyana this will rocket|
|Just wondering why the market sees the investment of £500k in Eco Oil & Gas as being a bad one?|
|News of a deal?
Can I assume you know or just hearsay?|