daytrading may 22 afternoon, page-2

few sour puss's on the boards today every had plenty of time to buy PIM yesterday 1.7c 1.8c

Here is why PIM wont be below 2c


"Prime undertaking a consolidation of its issued
share capital on a basis to be agreed, which
shall not be more than a 10 for 1 basis"

Consolidation ratio to be agree but SHALL NOT BE MORE THAN 10:1 = Shall not be less than 2c

To me implies they ideally want a lesser conversions ratio for example
5 for 1 basis = 4c pre consolidation price
2.5 for 1 basis = 8c


MYA set their ratio at 20:1 when their share price was 1c its now 17c so they may not even need to consolidate if it continues its rise to 20c

If MYA convert based on the current price the conversion ratio will end up being almost 1:1