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Interesting indeed.
Activity will cost money, so there must be some logic behind it.
There is already a pile of concentrate, still unsold at last notification, so adding to that pile at extra cost would seem a foolish action, unless the concentrate has been sold.
Roll on the AGM / next RNS, when hopefully there will be some explanations
Morning @Nelson
Simple answer (Occam's razor) would be that they are looking to maintain revenue in order to avoid running out of money ... which would be curtains.
I don't post much here whilst we are in hideout and wait mode from our boards perspective. I do find the clearance going on v interesting.
- are we readying this in kindness to a prospective buyer, pre buy?
- are we looking to gain a revenue?
- are we producing for a local agent forcing us to do so on threat of asset expropriation?
Very unusual to have no idea, but then again this is a very unusual share position. I remain cautiously pessimistic - still holding the shares on their cost price (with a huge loss - average of 22p) but the light at the end of the tunnel seems a long long way away and is flickering at best. How long can this continue in its zombie form? I suspect not too much longer - as time goes by I feel there is more chance of losing asset and less chance of a purchase. Interested to gain other long term sufferers current view.
Offler wolfe said the same last year think Wolfe wins hands down
This competition is just turning into a Stretch Fest!.
He manages to skate that fine line between being a comedy bu115hitter and a total lunatic.
Pot and kettle rolled into one.
Check this peach out.......
"It really is worthwhile occasionally checking the postings without logging in, as you can see some of the hysterically funny crap that’s posted"
Sort of defeats the object of filtering.
He's behind you!
Stretch says “ I just dip in now and again“ that has to be the comment of the year
I just dip in now and again here as ranks of green boxes equals intense boredom and makes you wonder why bother… but for genuine holders who, like me, maintain a healthy list of filtered goons, it really is worthwhile occasionally checking the postings without logging in, as you can see some of the hysterically funny crap that’s posted.. everything from false moon landings in 1969 to how wonderful the libertarian Putin is… who knows, probably some who laughably think the Royal family are lizards… nothing escapes their wild imaginings… a guaranteed source of humour when you need a laugh… I would highly recommend it… goodnight to all genuine holders….
Putin is now spending much more of GDP on the military than Hitler did in the 1930’s, which worked wonders for the German economy. It is suspected that about a third of the Russian budget is now involved in some way. Of course it will give a huge boost to the figures - temporarily. To listen to some on here you would think Russia is engaged in another justified Great Patriotic War for survival. There will be no political or economic win for Putin. nor military victory either in the long run.
Offler I don't think anyone can argue that the cummunication from the BOD has been woefully... I guess the real question that needs answering is why.
Sanctions stimulate, idiocy amuses
I have to agree with you there Builder 👍
Yawn .......
30-15
Can't wait for Queens club to open........................
They haven't moved the share price at all Bill - that's how significant they are.
The same could be said of Russia. There are no winners here.
2 x£14k trades when total amount traded in the day prior to that was only £15k worth is pretty substantial.
It still equates to over 50% of total cash amount traded and it's nearly 4p.m
I guess someone will tell you it's a conspiracy, well let's see how this plays out over the next year to date it's been a disaster for the west in every single area, militarily, economically and politically.
CALLS - don't really care from which of the green boxes the nonsense came, and certainly don't want to address any of them.
£14k trades in a company with an mcap of circa £43mil are hardly "massive". Exaggeration is another trait of conspiracy therory fruit-loops.
Another dik playing tricks!
🤣🤡
Trowtech…it was actually your good friend Mizman that was denying it…perhaps you’d like to address your post to him???
It's more than likely somebody transferring shares out of an ISA into a trading account so they can book future losses when this goes bust against gains elsewhere.
TDT
I gather fruit-loop Richard is denying the Moon landings?
Buzz Aldrin is 94 now, but I'd still pay money to see Richard say it to his face. Fellow Moon landing denier Bart Sibre tried it when Buzz was 72 and got what he deserved.
Crypto…he has absolutely no idea…
Beast, how can you tell they’re rollovers? Serious question, I’m not doubting it but just curious how to tell on the future
Rollovers
One small step for man one giant step for man kind.