Petra Diamonds Share Discussion Threads

[laptop15] 12/3/2021 15:44

Actually the holding RNSs are probably down to the restructuring

[laptop15] 12/3/2021 15:43

https://twitter.com/laptop1515/status/1370399697068769281?s=19Big bounce coming standard life might be out today

[laptop15] 12/3/2021 14:57

Volume is increasing big time...Mms will have to let it go soon

[argylerich] 11/3/2021 13:51

I've traded this share since 2009 but I'm not in at the moment (I don't short). As I've said a few times, they have a massive problem to deal with first in Tanzania. I'll watch and wait until then.

[laptop15] 11/3/2021 13:30

Ok rich, what's your avg here then and what price targets do you have this year. Maybe your not as bad a dave after all..lol

[argylerich] 11/3/2021 13:24

Laptop, please quote me where I've 'moaned' about it.

And yes, it is about buying at the right time, and watching shares and talking about them to discuss when that right time may be.

It's not about 'buy because I have'.

[laptop15] 11/3/2021 13:02

Argyle and dave have been moaning about this share for years...Why waste your time guys if u are not invested lol...Hilarious.Guys it's all about buying at the right time and selling for profit.This will move higher soon so I believe there is a good risk reward from down here

[argylerich] 11/3/2021 12:32

Dave, having been to Cullinan and having a couple of small stones as mementoes, I admit to still being a bit soft on the company.
I would really hesitate to ascribe any sort of value until they've broken free from the black hole of Williamson.

[davethehorse] 11/3/2021 12:15

Lol it's a lost cause get out while you can

[argylerich] 11/3/2021 11:29

Laptop you were frothing in your pants about this share a year ago when the price was nearly 4 x higher.....

[laptop15] 11/3/2021 09:51

Finally quite a few buys coming in

[laptop15] 11/3/2021 09:47

I remember a lot said the same when HUR hit 2p and it then did 100% plus shortly after.

[laptop15] 11/3/2021 09:46

https://twitter.com/laptop1515/status/1369945495544725507?s=19

[laptop15] 11/3/2021 09:45

https://twitter.com/laptop1515/status/1369947130102767616?s=19

[davethehorse] 11/3/2021 09:32

Wouldnt touch with a barge pole imo

[resourceful] 11/3/2021 08:37

essentially the lenders took a haircut of 60% on their debt
PDM is still in the mire

[laptop15] 11/3/2021 07:42

https://twitter.com/laptop1515/status/1369915792620453889?s=19

[laptop15] 11/3/2021 07:41

https://twitter.com/laptop1515/status/1369916343714189314?s=19

[laptop15] 11/3/2021 07:32

$699m (pre debt) - $337m (post debt) = $362m (~£260m) swapped for 91% valuing the 9% pre equity at £25m with 865m shares prior to the deal £25m/865m ~= 2.9p per #PDL so why it is trading at 1.3p?! ?? ? what am I getting wrong?!Good calculation on the restructuring by someone on twitter.Good discount currently available at share price should rise soon in imo....I'm buying more

[laptop15] 10/3/2021 21:41

https://twitter.com/zOctopuz/status/1369602526086107140?s=19This is a good clear working of the restructuring....8 billion new shares at 2.9p added into the mix for the $337 of debt.So at Current Sp Is way cheaper than all the new shares added. I bought a few lots today at 1.30p

[argylerich] 10/3/2021 15:24

landpath sometimes it takes a few days for the dust to settle after a restructure, they should still directly relate value-wise to the current share price. Give your broker a call and they may be able to tell you when things will be back to normal.