Something must be brewing…?
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Done it before then just dropped of again
There is nothing from this company as yet
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I sold at 12p when it spiked before. There is nothing to be known about this one it’s just speculation. Right now the premium over NAV is quite silly. Especially when PSTH & IOPF are trading with almost no premium and they have proven dealmaker at the helm.
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I’m in with 7042 shares, let’s see what our British spac can do
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Just a reminder for everyone that under UK rules as soon as they announce a deal you will not be able to trade until the deal has been completed - regardless of whether you like the deal or not.
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Wow, so if any insiders hear about a deal they may well dump all their shares if they don’t like the target or the valuation. Could be interesting.
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Scroll up to Jan 7th or comment 31 and read some of the now buried thread. There is so little known about this company and some of the directors have large question marks about them. There was a promoter (I think) tweeting and deleted stuff that looked very questionable. While it would be insider trading to dump before a deal was announced who can honestly say if it is off the table.
I’m a Pineapple Bear 
when it is currently trading at something like 2.5x NAV (net asset value). Where does the confidence come from? They have no track record of bringing deals in & a relatively small amount of money.
I’m happy to be wrong because I, like many I assume, brought it because it was a cheap UK based SPAC with a cool logo & name. I made on the first big rise and honestly wouldn’t hold for anything over £0.04 / £0.05 after simply visiting their website.
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Very interesting info there and thank you for sharing
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Hi all, I am new to investing and have bought a lot of shares on PNPL. I see it has been downhill since a while now with no indication of uphill. Can anyone explain why this graph is so inconsistent? What does that tell you ?
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That’s indicatice of low trading volumes usually. So there’s not much buying and selling going on -which is not great for traders but to be expected from penny stocks.
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I see very low liquidity and a wide spread on that graph, Buys at the ask price push the graph up, sells at bid push it down. because of the huge spread and because there are so few trades it makes the graph look weird
as an aside, I wouldn’t recommend stocks like this for a new investor. Because of the wide spread you need it to go up ~10% just to break even.
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Thanks for the explanation. Very helpful 
Let’s hope for a good week here I’m sick of losing money on them lol
If it was not for trust pilot holding them up think I’d be in negative
Repeated sell orders are rejected each time…
Nobody wants to buy then
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Break them down into smaller orders - it’ll reject if there aren’t buyers for the quantiles you’re selling. It’s a low volume stock as the graph shows so many straight lines
Thank Neil. It’s only £400 so looks like no buyers atm.
I’ve about the same amount I don’t know to sell or wait and take a chance
I managed to sell at the first time this morning. Took a hit. Put it into MGC for a long term return.
Leave it for 12 months maybe longer it’s a long term investment for me I have over £600 and currently -12% 
but the industry can only grow and get bigger