Petra Diamonds Share Discussion Threads

[mapocho] 09/2/2022 12:30

Yes, about time. But all down to the fundamentals. Re-rate could be fantastic here given where we used to be...

[swinsco] 09/2/2022 12:17

Off we go. This could finally be the long awaited re-rate.

[davethehorse] 09/2/2022 11:07

Looking strong for a push to 100p here soon :-)

[protean] 09/2/2022 10:35

I see the baron is keen here…

‘#PDL at £154m is increasingly becoming a fascinating organic debt to equity transfer. Consolidated net debt of $290.7m at 31 March nosediving to $153.6m by 31 Dec. Added to meaningful holding today. Expecting significant price recognition on continued deleverage towards net cash’

[x54v] 09/2/2022 10:31

Gearing up for a breakout. Exciting upside when price cracks through 90p.

[mapocho] 09/2/2022 08:57

Still only 1.76 in old money. Should be over 2p or 100 given change in fortunes. Petra could move up quickly from here imo..

[x54v] 07/2/2022 16:20

"all omens point to a very strong start to the year for the diamond trade."

"I am excited by 2022; the industry has a lot of opportunity in front of it; mining companies are facing a potential bumper year"

"a genuine and tangible positive impetus is upon us; given the right marketing and successful trading it could be a year to remember"

[mapocho] 07/2/2022 15:56

Still only around 1.7p in old money ... could really accelerate from here.. imo.

[x54v] 07/2/2022 15:52

Retail sales of diamond jewelry rose 29 percent last year and 11 percent above 2019, confirming a “spectacular rebound” for the diamond industry, according to a new report.

[davethehorse] 07/2/2022 15:51

Looking good here...

[aimbagger] 03/2/2022 11:10

Bought in today.

[swinsco] 02/2/2022 10:18

The progress this company has made over the last year shouldn't be missed by the market. Could be some huge gains coming to PDL shareholders.

[swinsco] 26/1/2022 11:14

Enough of the consolidation, up you go, to the next level, you know you want to.

[dipa11] 18/1/2022 21:41

Petra Diamonds 1H Revenue Rose 49%Petra Diamonds Ltd. on Tuesday reported revenue rose 49% in the first half of the fiscal year.

[ali47fish] 18/1/2022 19:31

why has this link got to do with pdl?

[dipa11] 18/1/2022 19:05

https://m.marketscreener.com/news/latest/Goldman-Sachs-Upgrades-Brent-Forecast-to-100-a-Barrel--37571952/

[richie32] 18/1/2022 17:48

All coming together now

[farrugia] 18/1/2022 12:54

looks good - glad i added this morning.

[davethehorse] 18/1/2022 10:21

GEMD next...;-)

[swinsco] 18/1/2022 07:45

Looks top notch. Treats today.

[farrugia] 16/1/2022 09:12

so what's the bull case here? it seems to me that original shareholders were massively diluted?

10 March 2021

Admission of New Ordinary Shares

As part of the Restructuring and pursuant to the debt for equity conversion announced on 22 December 2020, at 8.00 a.m. today, 8,844,657,929 New Ordinary Shares were admitted to listing on the premium segment of the Official List of the FCA and admitted to trading on the London Stock Exchange's main market for listed securities ("Admission"). Following Admission and completion of the Capital Reduction, the Company’s New Ordinary Shares trade under the new ISIN BMG702781417 to reflect the change in the nominal value to 0.001p per share.

Voting Rights and Share Capital

In accordance with its obligations under the FCA's Disclosure Guidance and Transparency Rules (the "DTRs"), the Company hereby confirms that, as at the date of this announcement, the Company's share capital consists of 9,710,089,272 Ordinary Shares of 0.001 pence each in issue with voting rights, none of which are held in treasury.

[swinsco] 14/1/2022 13:57

Fun whilst it lasted. It's over to Tuesdays news to get the buyers back. Fingers and toes crossed.