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  1. #2451
    The Good Banksie's Avatar
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    Quote Originally Posted by Cobber View Post
    They can’t count. The cost was $100k not $10k.
    The closing price on 8 August was 1.2c, (https://www.fma.govt.nz/news-and-res...ngs/mr-talbot/) so $10,000 is correct the share price they quoted was wrong. Also, I believe the story has got the current value wrong. There was a 25 to 1 share consolidation in 2015 (https://www.plexure.com/investor-new...-consolidation) so he now has 40,000 shares. At 53c this has a current value of $21,200.

  2. #2452
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    A better written story http://www.scoop.co.nz/stories/BU190...r-fma-deal.htm but they still got the "... he bought 1 million shares at 10 cents apiece, or $10,000,..." bit wrong.

  3. #2453
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    Quote Originally Posted by Banksie View Post
    The closing price on 8 August was 1.2c, (https://www.fma.govt.nz/news-and-res...ngs/mr-talbot/) so $10,000 is correct the share price they quoted was wrong. Also, I believe the story has got the current value wrong. There was a 25 to 1 share consolidation in 2015 (https://www.plexure.com/investor-new...-consolidation) so he now has 40,000 shares. At 53c this has a current value of $21,200.
    Thanks for the clarification. Maybe journalists should run their stories via you guys first.... otherwise its all fake news.

  4. #2454
    Legend minimoke's Avatar
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    ..........
    Last edited by minimoke; 28-06-2019 at 02:01 PM. Reason: Deleted by Minimoke due to SDMOD censorship

  5. #2455
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    Quote Originally Posted by minimoke View Post
    Today I've taken some of my ATM paper profits off the table and put them into PLX. Took a while during the day but got them at $0.52. Probably still paying over the odds, but I quite like their cash flow, profitability and secure major customer story. Also needing a tech related stock since quitting PPH last year. This should fit the bill nicely. I see it as higher risk - but given its paid from "profits" I'm comfortable with holding for a while.
    mm, Have a look at PAZ on the unlisted they are out of the valley of death now and imo looking like they have a future.

  6. #2456
    Legend minimoke's Avatar
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    ..........
    Last edited by minimoke; 28-06-2019 at 02:02 PM. Reason: Deleted by Minimoke due to SDMOD censorship

  7. #2457
    percy
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    Quote Originally Posted by minimoke View Post
    I have them on a watch list as well. Wish I could buy on main exchange. I was going to put a bid in at $1.20 to see if we could shake out the $1.30 seller but got distracted by ATM and PLX
    PAZ buyer 12 cents,seller 13 cents.Last sale 13 cents.

  8. #2458
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    ..........
    Last edited by minimoke; 28-06-2019 at 02:02 PM. Reason: Deleted by Minimoke due to SDMOD censorship

  9. #2459
    percy
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    Quote Originally Posted by minimoke View Post
    Thats me and my decimal places
    Was tempted to sell you a few off market..!!..lol.

  10. #2460
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    ..........
    Last edited by minimoke; 28-06-2019 at 02:01 PM. Reason: Deleted by Minimoke due to SDMOD censorship

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