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Obviously not a very seasoned investor then swapleber and if you think this is slow (which it hasn't been so far as Cathal Friel is doing exactly what he said he do)i suggest looking at other shares and i think you'll find this is moving pretty fast in the background compared with most on AIM,also Cathal Friel did say he expected a week or so around these lvls,so stop whinging.
tick........tock.......tick.......tock.......time is moving very slowly for me!
Yes great response to that too!
Cathal didn't realise that Hvivo had soo many institutional investors that wanted to bail. Not only that,he increased their shareholdings by 2.47 so there is even more sustained pressure on the share price..Looks to me like there is a large chunk parked at 6 pence...
Cathal can't be blamed but the CEO should be all over the Coronavirus..That's supposedly is his area of expertise..
Good reply from Nobbygnome on the other BB to that one:
"The whole point is that the new management have reduced the costs massively and so now it is close to profitability. When I was at the investment show last week, I made precisely your point. Cathal muttered about the scandal of Aim and rummaged into a file to produce a spreadsheet showing all the salaries of the HVIVO employees, when they took the company over. The Board and top managers were paid truly ridiculous amounts and Cathal proudly said 'they have all gone'. Yes I know that is hard to believe but that is exactly what happened. There was another investor standing next to me so if he reads this board he can corroborate the story.
That is a major reason why HVIVO is now close to profit"
Still can't understand how Cathal managed to 'con'vince institutions to by millions of new shares at 6.1p when been trading ever since at below 6p...answers on a postcard please. Not another Hvivo scam is it???
Please