Pires Investments Share Discussion Threads

[t-raider] 13/7/2014 20:57

Let's hope it is the start of something... the earlier post highlights a 2 year down trend.There's certainly not much more room at the bottom !Fingers crossed for a strong weeks performance.Cheers"T"

[xcap] 12/7/2014 19:29

something is brewing
17% up in last session of trading on a Friday - can we sniff a deal
nice to see a repeat of ALBA here on Monday morning

[outspan] 12/7/2014 15:22

Nice day yesterday. Been saying for long enough not to take eyes off those warrants expiring @.1p early next year. No greater near-term incentive for both management and broker to put something very good together:

outspan 23 Apr'14 - 00:50 - 2393 of 2515 3 0 edit

....PIRI doesn't appear to have any outstanding options but does have outstanding warrants "On 16 April 2012, the Company granted a warrant to Peterhouse Capital Limited which gave Peterhouse Capital Limited the right to subscribe new ordinary shares of 0.1p each representing up to 3% of the issued share capital of the Company from time to time.....

....On 17 April 2012, the Company granted warrants to each of P Redmond and A A Quraishi which each gave the holder the right to subscribe new ordinary shares of 0.1p each representing up to 1.5% of the issued share capital of the Company from time to time."

In each case, the subscription price for the exercise of these warrants is 0.1p per share, a truly significant premium to the current SP, and notably these warrants will expire on 20 March 2015 and 17 April 2015 respectively.

PIRI does not appear to have any imminent need to raise capital e.g. beyond the cost of conversion of Rame warrants, a further sum of £60k was seen to be free enough to invest in the Rame Admission placing.

Of course, as with any investment company, a suitable opportunity could see PIRI seeking to raise investment capital BUT it could only do so at .1p minimum, again a significant premium to the current share price but, notably, PIRI has already demonstrated that it was able to do exactly this last Summer at a then 43% premium....

Off the radar for so long but now a case of watch this space I reckon.

[xcap] 11/7/2014 16:08

LOL - exactly that's AIM for you never a dull moment, quiet word in DL ear please LM

[liquid millionaire] 11/7/2014 16:04

LOL xcap....why not? Everyone else has!

[xcap] 11/7/2014 16:02

LM - you usually hit the right note
any chance we could take 5% in HH here you think?

[xcap] 11/7/2014 15:55

were in the 'toplist' chaps! should get some attention
anyone have L2

[xcap] 11/7/2014 15:52

waited long enough maybe news of a deal on the way?
oil and gas/shale would take us to .15p given what's happened at ALBA today

[bungeetrader] 11/7/2014 14:25

Nice one!
Just don't try and sell them all in one go please.
:)

[droftarts] 11/7/2014 14:13

BT, I was sucked in at the same price but have averaged down to just under 0.054 so any hike in price is good news.

Droft

[bungeetrader] 11/7/2014 13:57

Was going to join you on 30m Droft but can only buy 500k online just now. Will have to stick with my 25m at a 0.11p average.
:(

[droftarts] 11/7/2014 12:07

No, me as well! I have 30m of these so any upward movement is welcomed

Droft

[t-raider] 11/7/2014 12:03

LED up a paltry 488% on a £2.35m fund raising at a 760% premium !!

Mkt cap £2.5

Scope for us here ? ( and by us I mean me, as I'm on my own.... again ! )

"T"

[t-raider] 11/7/2014 11:33

And RAME on the up too...

"T"

[t-raider] 11/7/2014 11:28

Some small interest starting perhaps ?

Only a £1m market cap here..... Alba Mineral Resources just doubled off the back of news of a £300k investment ( mkt cap now £2.1 ).

Scope to do the same here without a doubt... not taking in to account current investments.

Here's hoping anyhow !

"T"

[gbb483] 10/7/2014 11:42

No breakout from the down channel in 2 years.

[flojo] 10/7/2014 10:58

No news here scince 30th April !

[t-raider] 07/7/2014 09:06

A tick up... trade yet to show it would seem.... could it be our week ?

Not before time...

"T"

[t-raider] 03/7/2014 13:07

No interest today and the company gives no reason to do so....

"T"

[flojo] 03/7/2014 11:14

Movement on RAME ,hopefully director buys

[outspan] 02/7/2014 16:46

Absolutely but in PIRI's case, it would be something of a novelty just to have one!

[t-raider] 02/7/2014 12:55

Unless there are any extraordinary items on the agenda, AGMs are generally a damp squib.

"T"

[outspan] 02/7/2014 12:36

Good question, sells have not been getting much above the bid so could have been a cheeky buy. Either way, offer is now .044p and max available is 2m/just £880 quids worth online which is particularly tight for these compared to recently. Don't ask, but I understand we may soon be hearing something about an AGM.

[t-raider] 02/7/2014 12:31

Hard to say... frustrating the selling though... no on can be making a profit selling at .04 !

Boredom, disillusionment or both to blame I guess.

Interims due in 4 weeks... hopefully get some more insight in to progress then ( if not before ).

"T"