Tracking

Tuesday, 20 September 2011

Porta Communications PTCM

After a long wait, we have got an RNS at last! In fact, 2 RNS!! The first on was that trading was being temporarily suspended and the second was news of an acquisition. PTCM are taking an 80% stake in Threadneedle Communications. The deal is a reverse takeover and is therefore subject to various AIM rules so it will be interesting to see what happens when trading resumes. For the moment it is good news.

Only just over a week to go before news of TSTR, when they publish their results I am hoping for at least a rise above 1p. The sp has slowly been starting to build and I hope that continues up to the results.

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