I'm sure this has already been said but if a company is fighting a political battle and being portrayed as a foreign imperialist power the optics look much better if you're not also making promises to reward your foreign investors and shareholders. Better to be perceived as poor and hard-done-by considering our employees aren't being paid. Nothing looks better in this regard than boards full of upset, and broke investors.
That’s not how tradings works. There would have been a couple of buys at .08 -.1 but nothing significant. The traders wouldn’t have touched this share with a barge pole during the peak of the oil price crisis. The traders come in and out on daily volume and sentiment which only started recently with the opening of the site and news flows. No problem. Traders will trade and investors will hold for the end game. Let’s hope it’s a win for the investors this time.
If this actually happens which seems ludicrously unlikely then Zaza posts us some money out of kindness? Or have we also been transferred over too somehow without being informed?
RE: ROCKFIRE... way, way, way UNDERVALUED!!18 May 2020 15:28
Brilliant RNS. I’m huge fan of the care this company takes in being transparent and communicative. The list of projects is very tantalising and most importantly: work is ongoing!