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As someone who works at TP Group, I recommend you cut your losses and sell. The culture there is broken. Morale is at an all time low, there’s difficulty recruiting for critical roles, the problems are deeper than you think.
you sound like a disgruntled ex employee
Yes. One of many.
feels like a background seller here, Science Group ?
To be fair, I did warn you to sell when the price was £1.35. Now, just a short while later it’s just £0.60. It’s going to get worse, believe.
I already did fortunately over 1p, shame it was in profit at 1.5, always keeping a lookout though for a reopportunity, mindful of someone saying there might be a trading update due early Nov tho, share falling in advance looks like a red flag
Perhaps ChrisJones is someone looking to drive the stock down last week knowing an offer would be made today. I'm glad I topped up on TPG last week believing that the services division still offere dvalue and now stand to almost break even on today's 2.25p.
I've been with this since Corac over 12 years ago. It's been emotional. I'm glad to get 2.25p and to get out.
Fatmooch where are you? Get the jar out... I told you so. SAG have acted exactly as expected, which for the record is disgusting, the narrative that only they were able to renegotiate contacts is for the birds and now that issue is pretty much resolved they want to benefit minus the rest of us, a liquidity injection does not make the group insolvent. Value destruction 101 1. Create a boogeyman 2. Go radio silent 3. Make grubby deals with II shareholders in the background. SAG have destroyed the share price here all for gain, it's clear they wanted to aquire the group at the cheapest they could, £17M for a company that will likely have revenues of £50M or just under this year and a gross profit... Get tae **** Martin. Don't vote for this grubby deal SAG need to pay or stay, they've invested too much to walk away they will lose a lot if they sold their own holding at 2.25p so why should we.