Pensana Share Discussion Threads

[lewis winthorpe] 31/7/2023 11:33

The positive is he's putting money where mouth is. The slight negative is that finance news must be some way off.

[mikethebike4] 31/7/2023 11:13

His buying can only be positive

'Confidence' means and I quote

A belief or conviction that an outcome will be favourable.

Belief in the certainty of something.

Belief in the effectiveness of one's own abilities or in one's favourable acceptance by others;

[mhssh] 31/7/2023 10:55

PA cannot have acted on any known information that is not in the marketplace, and in any case why on earth would he buy 300k shares when he already has 13.5m. Surely he is not naive enough to think that his purchase of those shares might prod others to buy. I have to say I am lost to know what his objective was.

[mumble1311] 28/7/2023 15:08

I believe couldn't organise a p*ss up in a brewery or an Orgy in Brothel are the apt phrases you may be looking for

[mikethebike4] 28/7/2023 10:51

Yet more talk about the dangers of Lithium and spontaneous combustion

Also more concern about rare earths and China - but no sensible action (until it's too late of course) from the useless lot in Westminster (both varieties)

What's the expression - 'they would even be late for their own funeral' springs to mind

[mhssh] 17/7/2023 14:21

But, as I say, he is already riding 13.5m shares, so no shortage of upside if things go right. So why put more cash on the table unless, as I suggest, he's trying to put out a message that others should be buying since he is, hence up the share price

[mikethebike4] 17/7/2023 12:06

He's obviously saved himself a lot of money - must have made a judgement about future prospects I would think

[mhssh] 17/7/2023 11:26

I guess £50k is not much to him, but seeing how many shares he already has, it's a bit of a strange one. Confidence builder?

[mumble1311] 17/7/2023 11:03

An RNS said he bought 210,000

[mhssh] 17/7/2023 10:42

Do we know the Chairman bought?

[aberloon2] 17/7/2023 09:47

It was low enough for the Chairman to buy, hopefully that was the bottom.

[mwj1959] 17/7/2023 09:38

Mumble...and the evidence for this? Unless of course you're basing it on your own experience.

[mumble1311] 14/7/2023 15:17

It’s not strange but you need the whole story. it didnt halve due to no news, it halved because some brokers drastically altered their LTV criteria and consequently a lot of holders shares who held shares on credit had their positions closed. Consequently a huge volume of shares hit the market at the same time (several million). Those positions have mostly closed now and the market is recovering to previous level as the supply demand balance has been stabilised

[mwj1959] 14/7/2023 14:44

It halved from near 30p on no news, so is just recovering those losses, but all looks a bit strange to me.

[mikethebike4] 14/7/2023 14:39

why the share price recovery - news imminent ?

[mhssh] 14/7/2023 08:22

Can't quite reconcile the relevance to this thread?

[aberloon2] 13/7/2023 13:35

Seems to be moving in the right direction today…

[mhssh] 11/7/2023 11:31

Lucky man, wise man, whatever, a very good decision. Wish I had had the guts to dump and run. Win some lose some.

[raremurph] 11/7/2023 10:40

So glad that I bailed out of this one, even with the loss that I took. Any company that doesn’t value it’s small shareholders enough to reply to emails, doesn’t deserve your money. PA is quids in with all the comp that he has picked up and trying to do the same at ALK. If people still invest with him after this, I don’t know what to tell them.

[mhssh] 10/7/2023 18:42

That would be insider trading, next stop Wandsworth.

[neo26] 10/7/2023 18:01

Wtf is goin on here, thought they had investors willing to invest at 30p.This is crazy, unless large holders have been given a wink to bail.