Trading Halt on PIO until the 27th June. Where do you think its going? Seems to be Capital Raising. Apparently the new Shares will be offered at 3.5c. Maybe see a dip in Share price before it goes up again? then again maybe not...
Me 2 I have only BGS and PIO Would the 3.5c offering on the capital raising be offered to exisitng shareholders??
Sounds like an invite only, not for us pleb shareholders. To do that you need a proper prospectus etc.
The last Cap Raise... after... price went up 3x. I don't mind those odds... I also don't mind if they raise and pump 90% of it straight into the ground. They have a lot of programs planned which are being implemented to firm up a strong business. They aren't a 1 project business... they have a very healthy portfolio of projects which will reward shareholders will a bit of vision and strong hands. GL
The only happy point for me was that i managed to buy me some more at 3.8c which brought my avg down from 4.7 to 4.3 Hopefully now we can see an upward climb as i am out of cash to buy anymore
Touch wood good things to come. I've averaged down a fair bit from 6's (sucked in) but losing massively. In all honesty, if we did the math right now, even an gigantic find in Canada, in reality could only push this company a few pips once everything sorts itself out. At present PIO looks marginally tempting at 0.02c.
Its looking a bit Beary with K crossing T & price range floating below the cloud. Nice long support line at .022 then .020 Anyone hanging there might just pickup some cheap seats. ..... "I don't hold"
I'm not buying any more with the spp - I can buy on market for the same price today, so sitting tight.
Nothing wrong with trying to pickup a few at 3c & if that fails at 2.5c All assuming you've done your own research of course. I'm still beary on the SP at this stage.
