Borders & Sth. Share Price (BOR)

And no doubt soon Phil we will hear that our Canadian friend has exercised his warrants, now that should be viewed as being very positive whilst also bolstering the company's cash balance.

Once again cant see how a major shareholder exercising warrants, and it cant be a director or it would be declared, can be anything other than positive.

Good to see this morning's RNS—raising £142,105 in fresh cash from the 10p warrant conversions, presumably with more to come. Coincidentally, that brought in almost the exact equivalent of Harry Baker’s total baseline salary of £150,000. With the bid at 11.1p, Baker's 22 million management options are intrinsically worth £1,936,000.

That’s a heck of a purchase, either someone is confident or they are planning to cash out 🤔 I wonder which it is. They are tradable from the 27th, however that wouldn’t stop the buyer selling shares bought at a much lower level.

Interesting 🧐

LTT

Nice bit of bear trapping today i see.........