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Seems pretty clear to me that a number of well known shareholders had inside info on the delay and departure of the chairman. The trading, particularly the sells, indicate the insiders were selling in order to pick up profit and more shares when the news and, in turn, share price dropped. Constant mention of warrants being sold without any RNS to confirm. What happened with the last raise? Anyone know who took it? Hasn’t been mentioned for weeks. Regularly posters here and on twitter going on radio silence. I believe in the project but abhorr the recent goings on. Decent people holding shares in the company have lost money so the insiders can be fed. Stinks
Not me,Gov...still here as before and have had to eat my hat as now below 1.2p .anyhow am not well known enough to be included in your post ..have been here for the LT but read the Allenby report carefully folks ..it makes in depth incisive reading ...if your read it very carefully !!
Turtlewax, you only loose money if you a succered in to selling. Undoubtedly a number of short termists in for a quick buck will have done just that and lost out. Unfortunate for them, but had they been more knowledgeable about their investment perhaps they would have not lost their nerve.
Like our brilliant friend Mitch I took the opportunity to buy more on Friday, unlike Mitch I unfortunately didn't have the foresight to sell beforehand!
JFK,
Yes an amazing piece of brilliance by our god friend Mitch. Hang on a minute why if he intended to sell did he not sell much higher??? No I don't know either?
I on the other hand did not sell any nor intend to over the next few months, I may buy more if there is a further drop, but hopefully we have now had relatively neutral news since just before Xmas and since. Certainly it is the case there has not been any positive news but on the other hand apart from the placing no earth shattering negative news. Even the placing had a slight positive as it was stated why and how the funds would be used, and not just to be frittered away on the day to day costs as in the case of 90% of aim placing.
Therefore I see a positive period on the horizon, much good news due and hopefully this will be the catalyst to a new run on the sp, hopefully northwards.
Mr T
I’m with you .. we could all have sold at 2 and brought back in at 1.. but I can’t see into the future and so will just hold on to my shares until hopefully it all comes together .. which I believe it will