Right thank you for that. I appreciate your explanation. I can see for tax reasons why he would gift them, but easier to do that now than down the line when the rules/allowances may change. I see the other thing you mention as a different matter entirely. Dumping his shares is his way of making money for him. What's stopping you from doing the same. I'm not in any means defending his actions but we are all in this to make money. In two yrs time you might be thinking what was I complaining about because this share has rocketed. His share dump may well be sucked up by keen investors who know how good these products are. If the price significantly drops I will certainly be adding more to my portfolio. This to me could be a life changing share.
By transferring 50,000 shares to his children, JB is telling us those shares will be sold later as well. Such a move is for tax purposes, allowing him to pay less capital gain tax when they are actually sold. If he is good to his children, he can simply transfer some of his money into his children's bank account. Why need all the hassle and issue a RNS to inform the market? If not selfish, it is stupidity, isn't it? Also, by setting the execution price of the new options at a low price of 57.5p allowing JB and his lots to dump the shares again shortly when sp reaches to 70p. Judging by past records, they will surely do. They are the culprits of dragging the sp down. Unless they stop ill-treating the shareholders, the sp won't be responsive to positive RNSs.
Sorry chariot I'm confused so can you pls explain? What has JB done other than gift shares to his children or have I missed something else? Agree that this sp will reflect its assets in yes to come and will be a market leader.
I do believe FUM is a multi-bagger and as I said before giving it a bit of time like 2 to 5 years, it will reach £10 a share. Some of here said I am a dreamer, just as no one could have predicted Asos could be a hundred-bagger after 10 years. That's why I am continuing to load up, two last traders yesterday was mine; they were actually buys but shown wrongly as sells. But, looking at history, whenever the share price was up to a certain percentage, all executives sold part of their holdings to make money without hesitation. Their greedy selfish activities gave a clear signal to the market that the sp is going to drop further. So, James Barder be a good boy, otherwise no one will believe you again.
I remember getting a tip for ASOS shares years ago...i think 2007 ish...the price was around 44p but i wasnt into the shares market then so i didnt bother getting involved.....I have just checked the SP and its at £53 ??? So its taken 10yrs to reach £53....For what its worth i believe that is only a fraction of the value that FUM will be worth over the same period of time. In the not to distant future FUM products will be stacked miles high on the pharma shelves of Chemists , supermarkets, Boots, Superdrug etc all over the world....Their products really are the future.....FUTURA MEDICAL a really profound brand name
Yeah, gifting shares is IIT efficient and smart. Nothing wrong in that, FUM is signing significant deals now globally with bout limitation although it might be hard India nationwide 👃🏾 Anyway one we get FDA phase III approval this will rise and rise like a 🚀 rocket
What's the difference between him gifting them to family out keeping them? He is just doing what any parent that could help their children would. We just need to be patient and hold. This is a LTH share. I was once 200%+ in profit and this has dwindled to 59%. Partly because I've topped up several times too. I topped a small amount last wk too because there is a bigger picture here and big rewards at the end. I can appreciate some may want to derisk, or take profit and invest in other ventures and if this is the case then you may as well sell up now as you may be in for a long wait. Then again you may not, this is a lottery. Me personally this is one of the shares I'm keeping because think they could be gold dust!!!
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