GMAA.L Share Price (GMAA)

Agree with andrew1964 i think "we have had our pants pulled down" by some "smart city boys"

Agreed andrew1964. Meanwhile Griffiths has now bought another 434,000 shares at 96p, so he owns 1.17m now.

Hmmmm.

The market cap corresponding to the tender price is massively less than the money received from the sale of Jet East, I know its not as simple as that but the whole thing stinks in my book.

Richard Griffiths, the well-known City boy and major player has just bought another 251,466 GMAA shares at 96p and 95.9p. He now owns almost 733,000 shares.

Why would he be buying substantial shares at above the 95p tender offer price and just before the delisting on 30th May? Am I missing something, or is something afoot? Perhaps he wants to be part of the delisted entity and will wait for a re-listing at a much higher price in a couple of years?

Looks like someone wants a stake in the Private Company.

Maybe we have been sold short.