You must remember i sold at 29p ish so not bad to be in at 20p. It's always a risk, but with the bod having a lot of skin in here and taking their wages in shares in 2 tranches it's a fairly good risk. As I always say, bet small and in many companies to spread the risks.
If you were a bod member and thought this company would go tits up, would you take wages in shares? not likely. ofc it's still no guarantee.
You are sounding very positive or as positive as you can be with this company... Yep , I also take solace in the fact that certain members of the bod have a massive stake in the company and as you say if it hits the fan we are all in the same boat.. A lot of money and time wasted over the years but we should find out if Rm2 is still rudderless or finally going in the right direction in the next 12 months! Will resist buying any more until the situation becomes clearer.
but, the bod don't need to buy now, as they have received half their wages for 2017 in shares and to receive the rest later. Also, note that these shares issued can not be sold for a certain time period and they have to be £1 or above for at least 30 days.
So, the bod are betting their wages for this year that the company will turn good eventually and will at least nearly 4x bag.
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