RE: Gold prices8 Mar 2024 13:47
"Why have they not released RNS as its on company board ? You think they want anyone to know or potential infestors to invest here , It don,t make sense sometimes ."
Which RNS do you want them to release, I don't quite understand that?
In general though this is one of the reasons the valuation is so low. They hold around 70% of the equity so can pretty much do what they want with the company. They are also the ones to stand most from the gain in equity. So the fact that they seem to care very little about the value of the equity does raise a flag here, that the listing and equity price is not particularly important to the owners and so someday simply decide to delist it, or make a poor offer for the part they don't own, which they can then effectively force through.
Which makes this a gamble