Have a look at the SP trends of TRA cf PLX and you may see the real cause for anxiety over in the TRA thread. lol. (TRA in red)
Attachment 10601
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Have a look at the SP trends of TRA cf PLX and you may see the real cause for anxiety over in the TRA thread. lol. (TRA in red)
Attachment 10601
Decent volume going through this morning at 0.80c mark.
Very likely.... unless there is news of the 'new client acquisition/contract' that was hinted at in their last presentation. I'm happy to be patient.
Always good to base ones buy/sell/hold decisions on firm news rather than speculation and hype made during in the quiet times.
Nope.... I predict they won't even be released. I mean look what happened when they announced Ikea? It pumped the stock.... but that brand has slipped off the radar.
Expectations were heightened. The best way to avoid this is just play straight shots off the back foot every 6 month. Compile those runs over a long innings.
Isn’t it a company’s obligation to let market know if there is any information that is material enough to affect their profit forecast? They might have not given updates because there should have been nothing surprising but I think new customers should be announced to market separately.
..........
its up again!
Looks like its Bryan Johnson that's been feeding the sell side this week going by SPH notice filed.
Interesting to note his holding is now under 5% threshold and he's still got another 6mln odd shares under his disposal. Any more sales from him doesn't need to be reported to NZX. Will he continue to sell down or hold for a while.
My bet is he'll continue to sell down further.
https://www.nzx.com/announcements/336070
How bout we all worry about how Maccas and IKEA do? More important than a holder cashing in to free up equity. If he needs to buy a house then maybe he just misses out on a multi bagger? Opportunity costs...
in in other words you should be researching the potential of PLX in USA etc and finding out what the future will hold.