us trial, page-18

There is no doubt that there would have been some manipulation to get the share price up for the cap raising last year. I thought it was well done and managed to raise a lot of money with minimal dilution, which is good for us shareholders.

Having a pest like Ashgrove in the background does no favours to PXS holders. I just can't see the point to it, maybe Ashgrove has been stung by a PXS trade in the past, who knows. From what I have seen there is no contribution on specific details from that poster. I don't need to see the continuous ramblings, and IMHO it stops other posters from contributing on the forum.

Fact is, if a call is made contiuously about a share price movement at some stage it will be right. Was reading an article the other day about a very prominent trader (futures etc) who made over 1.2 billion on the credit related problems in the US. What the article didn't mention is that the same person had been "short" the US market since 2005. Point it, eventually they all get it right..Ashgrove included. Hopefully Ashgrove shorted some PXS stock and did something useful with this hindsight.

Need to stop panicking, they could bring out another annoucement in the coming months to clarify this situation. It won't take much to get this back to $4.00 plus.