Post by
Duke101 on Sep 07, 2020 8:16am
AGM notice
Indicates that 10% of common shares of issuance and outstanding shares are reserved for directors and employees. With Peter having about 52% and with what his family has what % is on the table and available for trade on the vulture exchange?
Comment by
Pitpitcolisse on Sep 07, 2020 8:23am
Very few, the company also has a share buyback program, they removed about a million shares earlier this year. Also, most of us here are long term holders and we accumulate as much as we can before liftoff... Shorter's hell is what this is...
Comment by
Duke101 on Sep 07, 2020 8:29am
After reading many posts I am thinking less than 24% available for trade.
Comment by
Breizh1 on Sep 07, 2020 10:48am
imho, 24% is optimistic. That is why one should not worry about shorters. They are jumping with soaked frozen parchutes.
Comment by
COGT on Sep 07, 2020 2:27pm
Duke I think you're pretty close,next to nothing.Tighter than .... Of interest, IF people take 10 minutes to read Bio of BODs.Then go for a walk around the block and post your thoughts.
Comment by
waru on Sep 07, 2020 9:49am
What took you guys so long to react this info has been out for amost a week now
Comment by
Pitpitcolisse on Sep 07, 2020 9:57am
What, can't comment on anything older than 1 day waru? Even if it's great information because of low share float? What's your take on last weeks NR if we want to talk about future? How much will the stock go if they sign 100 torches, 200 or even 1000 torches? Cheers
Comment by
waru on Sep 07, 2020 10:21am
Unless PYR announces a large contract for torches any share price appreciation will be temporary with gradual stagnation over the following days the biggest spur to PYR's share price will come with the uplisting to either the TSE or NASDAQ then you will see serious money investing (mutual funds ) this will provide huge price momentum
Comment by
Pitpitcolisse on Sep 07, 2020 10:30am
I agree witn you, stock price will skyrocket once those torches are signed and also once more when they uplist. There could be another big return from another leg but it would need to be substantial (20-30MM or more) to make another step up at this point.