Re: Undervalued I think they own just under 95m shares in PPG, the price of PPG has increased nicely over the last week or so from about 1p to 1.65p, although today back to 1.55p, valuing their investment at £1.5m.This investment alone values Paternoster at .22p per share, more than the current share price without taking any of their other investments into account.No idea why they are half the price they should be, maybe due to the volatile nature of investments they have built in some 'contingency' in the SP!?Who knows, worth holding though and hopefully a rise due soon.
Undervalued Its about time this share moved back up, as it has a NAV of 44p, and could be a lot more should the likes of Metal Tiger, MXO and Chumba Coal make further progress, has to be a bargain when you can buy a share worth 44p for around 20p,Has to be a great "BUy"
News Of the back of Mxo and Northcote Energy. dipped my toe again for 500. Below money in the bank value now?
Re: Big buys So what's occurring here? Had my finger of the pulse for 6 months and sitting at a slight loss. Still plenty in the bank?
Izzy Take a good look at BOX ahead on interims due on 30 April.
Re: Big buys I wouldn't imagine a fool and his money, both Metal Tiger and MX Oil in which PRS has a investment has risen over the past few weeks, with some interesting news from Metal Tiger today, and some positive news from MX Oil due within the next few weeks , some shrewd investors are getting on board at a bargain price, Has to be a good Buy and hold for the future, as the NAV must be over double todays price,
Big buys Somebody's decided to throw big money at this dog. Fool and his money comes to mind, or is something going to happen?
my 16.21 trade is a buy not sell
Long term investment......... ...........getting longer and longer with this share. Is there any light or is the tunnel never ending?
RNS Interesting RNS and decent volume today also.