It's all about the IP18 Dec 2018 04:01
If you own shares in IEH, you own part of their IP. If and when that IP is monetized, you supposedly get your cut. The IP was valued at over $1 billion. It's worth what you can get for it of course but there would need to be huge dilution of this to offset the value of the IP. This is why I never sold my shares. IEH was not on AIM so, in theory, shareholders have more protection. I've seen doom and gloom RNS from IEH before .... I\m not suggesting a company would ever want to de-ramp its own shares to flush out investors .... but I think it may have happened .... If I ran a company and wanted to buy back shares in my own company, I might put out a negative RNS to induce people to sell ... especially before Christmas ... when PIs might be inclined to sell everything for washers rather than see shares become worthless .... I've seen this before with this company ... but I bought into it because of the value of the IP ..... read all the RNS and then go back to IEH RNS .... I'm holding ..... and waiting for the IP to be monetized and for my cut of that