I don't see how all the majors fleeing a sinking ship at distressed prices can ever be seen as good news. They'll have more insight than us. Are they just taking anything they can get before Zorbas turns the lights off? This is a bloody nightmare.
Seriously thinking about following them now. Ok so this could all be part of a master plan that ultimately benefits us. But come on, really?! That's fairytails. It's 99% likely we'll end up getting screwed one final time and Zorbas on the beach.
BoD is only 3 people, one of which is Zorbas. So lose him and it's a partnership of Jay Viera and Kyle Appleby, both of whom I'm not sure even exist. Probably little Jonny's friends from under the bed.
Anyway, whatever happens, it won't happen for some time yet imho. He's obviously got his hands full elsewhere, so URU is just being left to drift. I think soonest we can expect any 'news' is Autumn/Winter. But we said that 6 months ago about Spring.
Captor's own shareprice is in the toilet right now. Anything 'Zorbas' is being decimated. Endgame should be he's ousted by the villagers, but Zorbas has that tied up in a neat little bow too, being the majority shareholder either himself or through his web of buddies. He'll decide the endgame. Aimho of course.
Even if it is a monster and someone takes it over, us shareholders won't see a penny. Not if URU 'as is' has fizzled out. But Zorbas will have his palm oiled.
Yes, that is something of a worry ofd. At least MRS is a viable(ish) company which actually does something and has staff. As chairman he can go and it will still tick over. Whereas URU is not really a company. It's an empty shell. Nothing is going on and it's only the 'hope' that something will happen at this Zeb place that keeps anyone invested. If he goes, then who takes over and what exactly do they takeover?? Is there anything to take over?? Probably easier for it to just dissolve.
I doubt he cares that his name is mud. By milking a system that allows itself to be milked, he's become a very wealthy man. Probably just stick two fingers up at everyone and find a nice beach to retire to.
Just one sell after another, only buyer in recent history is diggit, who's a self confessed gambler ;o) If it wasn't for him we'd be significantly lower. Beginning to lose patience.
RE: As if we all don't know already12 Apr 2019 17:40
Indeed, diggit has become Zorbas's arch nemesis. While the 'evil Orb' tries to force the sp down the 'mighty dig' keeps propping it up. God knows where the sp would be without him.
RE: As if we all don't know already12 Apr 2019 17:32
Well there go's another great week for URU. At this point I think any news would be welcome, even if it's shit. At least we'd know something is going on.
Lot of talk of the law(ha ha) catching up with the cartel. Maybe the Orb has been locked up, which would be bad news for his chums such as this clown, but good news for us. But again, most likely complete bs to spook sellers and mop up..