Member Info for 100notout

18p would equate to a mkt cap of circa £25m. They could find a single diamond more valuable than that. The Lesotho legend sold for $40m.

Onsolidground and Sustain.

Thanks for your replies and the links. I have seen the video already and I echo everything he has to say. I have been in contact with conservative MP's and members of the cabinet. My belief is it's a pretty closed shop as the hedge funds give notable donations to the conservative party just like the NRA give hefty donations to the Republicans in the US. They won't bite the hand that feeds them. Regarding THG, my belief is that they will either be taken private by Moulding or taken over by PE this year. One thing for sure though if he does a deal with PE he will want to keep his shareholding and position. He is a man with a vision and he will see it out. Unfortunately the city prefer accountants to businessmen and creatives.

With regards to Dark I think they will receive an approach by a US PE or competitor in the next year or two but I think Dark could do better on their own. They have some of the best minds in the world working for them and all though the majority of brokers value that unfortunately the US brokers don't but they have a motive don't they...

Well, thats a chunk of shares which won't be sold in a hurry. It's just as well he has given them as collateral rather than selling them and giving them cash. Good move by Lynch.

It's amazing though that Dark have been tarnished because of one of its shareholders. I take it that all the shareholders of the GIANT bank of America are all squeaky clean and let's not's forget the backers of the hedge funds. Didn't the giant bank of America have to pay $16bn in financial fraud charges back in 2014? Even the Rolling Stone magazine claimed they were too crooked to fail, defrauding everyone from investors, insurers and homeowners. Yet the UK press take note of one broker and forget all the rest which in the main are very positive about Dark. It would appear that the fraud going on is not with Dark but with the city mob.

MW have reduced again on Thursday. They are now on 0.55% having been circa 1.2% short in March. No doubt they will be under 0.5% next week. The recent negative spin will enable them to buyback the remaining 0.55% for under 300 no doubt. What a joke...

It's rather funny isn't it that the city mob's reporters didn't give more focus on the views of Numis and Liberum whom both had buy recommendations last week.

This is just another smear campaign to rubbish a British company in order for a cheap takeover attempt or is it funded from a company that wants to hurt Mike Lynch. Surely any decent reporter would look into this rather than regurgitating a view from one broker. For fairness surely it's best to give all broker views. I think the best rebuttal from Dark is to prove these idiots wrong and let the numbers do the talking. It will be interesting if this was orchestrated by the existing Hedge funds shorting Dark or it's a new one. Dark should engage with the FCA and the London stock exchange in a legal way as this sort of orchestrated manipulation should stop. Perhaps if the perpetrators got a proper punishment like a hefty fine or some time in prison it would deter all of this rubbish.

If you want a decent summary of how the city works and a CEO brave enough to point it out I would urge you to check out Mathew Moulding from THG whom have just rejected advances from a US PE firm, Apollo. The same is happening here, an orchestrated sell off on the day of a brokers downgrade, a report on seeking alpha and the following day more negative press in the papers. No doubt in the following days we will have lots of negative fear mongering posts on here. This behaviour is far too transparent and I take it as a buying opportunity as to go to this much effort it has to be worth it for someone. In this case a rival or a PE firm.

Well hopefully they won't. It doesn't stop them chancing their arm though. It's plain to see that someone wants them going to all the trouble to suppress the share price. I've taken this as a topping up opportunity and will continue to add on further weakness.

Well it's up to Dark too come up with some positive numbers and then we will be going up again. At least on the positive side Dark can buy back at these levels. Let's hope they up the anti next week and buy larger amounts.

Probably put out to help a US bidder to get Dark on the cheap. The majority of the other brokers have targets of between 500-600. This has been orchestrated it's so obvious yet the FCA do sod all.

Well if they do they will be in trouble... It won't take much for the FCA to find out whom is behind this.

It's most probably the city mob aka hedge funds playing with this.

I note MW have decreased their short position on the 22nd and the 23rd. It's now at 0.67%. It's a pity that Dark have slowed down on the share buy back, it would seem they are facilitating them.

Well that is a start, perhaps the EU could follow our stance and then we would see a proper rise.

That could be the case Dave. I picked up a few more this morning.

Or even better, recommence a buy back program and then bring out the large diamonds.

Perhaps it's time to bring out one of the large diamonds in the back draw to curtail the fall.

Well AML is up today so the market clearly doesn't think AML is messed up.

I personally find it refreshing that a CEO stands up for his company. Perhaps he is more passionate as he started it from nothing and wants to see it flourish. He is merely pointing out the hurdles he is challenged with having a listed company on the LSE. Perhaps it would be wise for the LSE and the FCA to have a meeting with him as they could clearly learn a thing or two. He clearly points out the wrong doing in the city and he is spot on. I think some posters on here should have a bit of respect for him.

I agree it's the best use of cash at the moment unless they decide to mine Gahgoo.

Perhaps the BOD are not buying as they are still in takeover discussions. I wouldn't be surprised if Apollo's advance has flushed a few suitors into play. Interesting times here...