U know u at current news flow and see bull **** hindsight traders saying now retail traders make mistakes range, fogl, gkp etc, small cap aim is a gamble u get it right can make it rich or be poor, only gamble with wat u can afford, with gkp we have the oil, if we lose court case we be back to pennies, win the share will rocket back to 4 maybe a fiver, I'm 100 % we win the case which is why I'm buying the dips, don't follow tips on techs only reason gkp is down is uncertainty it's not in a downtrend or uptrend, come end of June winning the case will be min 2.00
Having spent half my life in Romania due to my father's business, this reminds me of how Bucharest's shady fat cats would move almost the entirety of the wealth to a nominee so as to avoid tax through a loophole. I know of one man who quite frankly has one of the richest gardeners in the world; needless to say out of fear of the consequences this gardener has never contemplated running off with the loot!
TK's actions are quite reasonable and believe if we placed ourselves in his position would perhaps have acted similarly. Now it's time to give back to the share holders; it will come. Hold tight!
I agree entirely ... I posted last week that in my view that is exactly that TK is up to. He transferred those shares to some other entity which will benefit him personally in the long run than if he owned the shares personally. Solely for tax purposes and inheritance planning etc. It is just unfortunate that the RNS didnt clarify who the shares were being transferred to because we could then have done some digging and found out exactly who owns the company Most likely TK in my opinion. As you rightly say without this clarification the market then seized the opportunity to screw us all over! Maybe this is why the AGM is in Bermuda so we cant ask him difficult questions like that!
Below was what James posted, so he is right, you are wrong. Read his post and understand it correctly before making misleading statements:
Spread betting / CFDs if used correctly are no more risky than if one actually ownes the share and stumps up all the cash upfront. The key is to calculate your position correctly and leave the cash which would have otherwise been used for buying up the shares outright.
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