I said last week,and will say again, is doing great job here!!! the recent rise on the back of a good update is just a reflection of his leadership. further more, to those who questioned his choice to turned down the T/O offer as it was too low in his opinion the latest rise to above 50p just prove how right he was.....if the next update will be as good ,or even better, then I can see much further rise . if a new takeover bid will come it will have to be at least near to 100p,..YET, I will be more than happy to see GD continue to take us to the better future....IMHO.
I don't disagree with anything you have said and there are lots of good points in your post, the only point I was making earlier was that I think GD knew that there was going to be another lot of free shares coming his way if he was still in his current position come August and that's one of the reasons he tried to stop the last take over bid, which as it what happened didn't it. IMOP,We all know that these top guys look after themselves before they look after the shareholders if they get the chance. But at the end of the day as long as this gets back to 80p-£1 and I get my money back that's all that counts for me.
Truth or not the way the company debt was structured under the previous management the debt would have been bought up and the company forced into bankruptcy . By drawing the debt into one manageable 'credit' and effectually ending the predators that would have bought PFD on the cheap GD gave us a fighting chance to get our money back. Rewards for the top team in all business groups is subject to criticism, greed, 'fat cats' etc, but PFD is standing on its own feet, it may well give all of us a chance to get our investment back. Like or not we are better now than two years ago in the most savage environment and change in the 'high street' since the first supermarket threaten the 'corner shop'. All credit to the current management team for refinance, restructure and adopting new lines to give all of us a chance to have some hope .
IMO. What's the betting that GD know he was going to be in line for another 1m-2m free shares in August if he was still in his same position, that's why he turned down the last take-over offer. But once he has these in his pocket who knows what's going to happen.!!!!!!!!
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