No, that would be a bad move. Directors purchase that is shown as a placing with shares bought by Jim.
The last time trades of this size started to go through it was a placing, I'm guessing the EFF has been drawn down again. For the sake of holders I really hope it's not the EFF, because if it is, the SP is going to half again. No doubt Sifc would view that as really exciting and find some positives from yet another fund raising.
don't believe so, we have the facility avaiulable. The problem is that with the SP as it is it will take a lot of shares to get any sort of real money. I do feel the noose is getting tighter around Jim's throat and I ma hoping that whoever comes up with the money puts his departure as a condition. Although I don't like the attitude of the bloggers the articles are scary, and the one thing that really scares me and I feel has some truth to it is the way they treat expenses that I feel should be costs as capital investment. I really have tried to keep optimistic but I think he has to go and he has to go soon, otherwise we might eb in deep trouble and I truly hope not for you and everybody else on here.
It's tight mate that's for sure. Would we get a director/placement??
as we can see from the accounts directors purchases, at least if it is Jim or his wife bring us no new cash. I wonder how close we are to a placing, the cash must be very low now. Further dilution getting even closer.
In that case mate.......10 million worth of buys is defiantly something we should be shouting about because it's a clear signal. If we had weeks of it doesn't mean anything but to have low volume then suddenly two large trades then that is something worth talking about. Director purchase RNS Monday??
Datafeed and UK data supplied by NETbuilder and Interactive Data.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.