Last time I was this excited / euphoric was when I thought Trilogy was going to 6 bucks.
Very true.
In a way, I agree with that gentleman at ASM y'day who asked the very first question re recent share placement and how unhappy he (and other retail holders) was for not to be part of the offer. If even if we're allocated small pool thro' SPP we would've very happy and rewarded for holding through period of recent uncertainty.
Share placements can be soo profitable for directors.
Originally Posted by sb9
Very true.
In a way, I agree with that gentleman at ASM y'day who asked the very first question re recent share placement and how unhappy he (and other retail holders) was for not to be part of the offer. If even if we're allocated small pool thro' SPP we would've very happy and rewarded for holding through period of recent uncertainty.
Those share placements seem very profitable for a couple of directors of PPH.
At least 2 directors got an allocation.
Graham Shaw a director managed to get over 1.3 mil share allocated for $2mil at the price of $1.51
Graham made over 30% on his purchase in just a few days.
The directors decided to do the capital raising as a share placement.
This shuts out many share holders of the opportunity to take part in buying shares at a discount.
If the same directors then take part in buying those discounted shares would that be a conflict of interest?
As a director of PPH the capital should be raised at the highest possible price for the additional shares however on a personal bases a lower more discounted price for the new shares would be an advantage.
Those share placements seem very profitable for a couple of directors of PPH.
At least 2 directors got a allocation.
Graham Shaw a director managed to get over 1.3 mil share allocated for $2mil at the price of $1.51
Graham made over 30% on his purchase in just a few days.
The directors decided to do the capital raising as a share placement.
This shuts out many share holders of the opportunity to take part in buying shares at a discount.
If the same directors then take part in buying those discounted shares would that be a conflict of interest?
As a director of PPH the capital should be raised at the highest possible price for the additional shares however on a personal bases a lower more discounted price for the new shares would be an advantage.
Difference between investors and punters I reckon
Punters don't geta look in.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
That would imply we are in wave 3 of 3 now which is the strongest of all, and should take us into serious new all time highs
I'm not sure that even i believe the above, but that's what I see from a chartist perspective.
Hard to see the Elliott waves that you see if you don't mark up the chart, it's a complex discipline with cyclical depth (probably not suited to PPH) and one that I follow but don't post about normally as it is like TA on steroids which won't resonate with many here given the only very recent recognition of even basic TA that assists trading decisions. In any event I think PPH probably has insufficient volume to reliably put it under the Elliott Wave microscope. Interested to hear your thoughts nevertheless.
Originally Posted by sb9
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