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Maybe Peter will be purchasing more, he's obviously well in here and has been adding recently, this share price looks attractive to add more.
What an opportunity for any Craven directors to buy a few shares and show they have faith in this company. Isn't it true that they aren't directors, they are just convenient names on a register?
I actually got a reply to one of my e-mails. The only point which was answered was why the seller hasn't issued a TR1 form?
It's because the seller has to notify the company and if they don't nothing can be issued...
So even though they know damn well who it is they can hide behind that rule..A proper company would have insisted they informed the market, and a proper Nomad and Broker would have made them do it.
Once again I remind both my readers of the Craven MC...It currently sits at $5.4m.
We have assets on 4 continents...we have a secured loan to an Angolan company of $6m. Land and companies in South Africa, South America, Europe, North America, including a secured $3.5m loan to LMFA.
Seems clear to me that Craven is either seriously undervalued, or all smoke and mirrors orchestrated by Pajak.
I honestly don't know..
I doubt it's GEM Steve, their latest batch don't get issued till 23rd October, so that is next March with Pajak timing. Previous ones were issued at $2.70 so that's a hell of a loss if it's them.
Just gets worse and worse..
Not a word from the company or anyone connected with Craven I have e-mailed the past couple of weeks. Just disgraceful from a public company.
Not a word about the buyback, the well overdue DLC acquisition, the GEM conversion, nothing...Plus LMFA have also started ignoring polite non sensitive questions as well. The amount of shares that have been sold in recent weeks should have been announced in a TR1, so no sign of who the seller is.
Wonder if it's Desmonds?
Are we assuming this to be GEM offloading what they converted last week? If so the SP will be hammered by the $650k of the note still to be converted. As you say, we will have to hope Gyllenhammer is happy to keep investing.
Heavy hitter butchering the price...down 25%, Prepared to sell at $1.73 such was their need to get out of this mess Pajak has created.
Have to hope the Swedes come in again because nobody else is remotely interested.
As it is basically impossible for any true businessman to be so stupid as to make the investments and decisions Pajak has made, I have to assume there has to be an ulterior motive in his actions. The amount of money this man has lost/squandered over the years simply beggars belief. It's a long list of which we are all aware...
He is basically a self employed one man band as I don't believe for a minute Messrs Morrison, Bindra, Spink, have anything whatsoever to do with the business.
If he was in the real world in a business which relied on generating income and making money he wouldn't last 12 months as his attitude is just appalling. Imagine treating your customers the way he treats his shareholders.
I still wonder why Burrows and Winters ran away. My honest opinion as that Burrows in particular didn't like what he was being associated with.
I do hope that the AGM is held in this country.
Pajak is having a great time meandering round the world being Bobby big B*****ks losing money whichever continent he happens to be in whilst awarding himself performance and management fees through Craven, DLC, and wages from others no doubt.
Unless something appears from somewhere we don't know about and shakes this company up it can surely only get worse.
There was a big increase in volume at LMFA yesterday. This was in part due to a few rampers ( now departed..) getting behind it. But I wonder if Pajak has been ploughing more money into what looks increasingly like a dead dog.
He is losing over $1m so far there having bought at $2.40, $1.28, and between 0.86 and 0.90c. Lets also not forget he wishes to invest a further $3.5m there at $2.41 but i do concede that it has gone quiet on that..
Also quiet on proposed DLC acquisition to be completed by the 30th September...and of course the buyback which it is now over 15 weeks since final formalities taking place was announced.
The last time GEM converted into shares was at $2.70 and that was bad enough but now $2.06...how has that happened?
What price for the next lot? Could be anything whilst Pajak destroys this company. He is going to run this into the ground and then take it private with a few mates in my opinion.
Pajaks latest scheme to suck the life out of the company is this loan note to GEM. They have converted $100k of a $750k loan note into shares at $2.06..
What will GEM do, sell or hold?
It used to be $12.50 a share ( we wont drop below that..) I bet those who invested at those sort of prices are well pleased.
This man is a complete liar and Charlatan.