Hurricane's day will come. One by one milestones are being achieved against all the odds. What a potential buyer for FFD needs is proven data. 2020 will be the year they get that and then it will be a different picture entirely. That said there are none unknowns and unknown unknowns that could throw out a curve ball but as data is revealed I very much hope we will see quite an extraordinary achievement of one man's dream in a shed!
Interestingly this article has now been completely rewritten but the journalist, Jamie Ashcroft has still left the time stamp on his article publish date as 07:33 and still no apology. Although the article is upbeat it still seems a highly unprofessional way to deal with such a serious (because it is potentially questionable) error. Orwell and his prophecies of doublespeak come to mind.
Email sent to Hurricane. The least this journalist should do is publish an apology for his error in publishing inaccurate price sensitive information and leaving it there for 21/2 hours!!!
Article now correct. No apology for having posted seriously inaccurate and misleading information from 07:33am this morning to just now at 10am. Hope Hurricane Investor Relations pick up on this.
Purves Sorry couple other points picked up from your post : 1) I'm not sure David Topolczay did refer to NFX as being on the AIM market in error or if Plums inadvertently misquoted him? Maybe Cdub can confirm? 2) Interestingly one of the resolutions at the AGM was to re-appoint HaysmcIntyre as auditors having let them go only a few months ago. That did make me wonder if there was some sort of difference of opinion between Directors and why.
Dave, No worries, it took me some time to check out via various sources. So KSW is not involved with CPI, as far as any of us know, and has simply resigned for personal reasons, whatever those may be!
Thanks for clarifying that Cottoner. I'm with Charles Stanley Direct and had no issues buying in units of 10,000 at a time when I initially bought in back in April/May and remember finding it odd that others did.
I don't see him listed as any kind of Director at CPI, he resigned years ago. If you have a current link that clearly proves that please post it. I thought we'd established yesterday that was years ago. I think the PTSD business / charity connection is unfortunate but not necessarily a blot against KSW. My main note was that he may have other interests that are taking priority in his life at the moment. Again all speculation until proper news reaches us or someone can post some solid facts.
Never had problems buying here but somewhat perplexed by the many posts (not just Rob's today) stating folk couldn't buy - 'snap up those shares' etc. Definitely change broker ...
Thanks Hallowed Agreed it doesn't bode well and part of the reason for selling out combined with delayed Yatai/NSB payment but trying to give the benefit of the doubt until proved otherwise.
DaveW58 It seems highly unlikely it is CPI selling today given the update from the AGM. NFX are clearly talking with CPI about doing this off market. As far as I'm concerned it's watch and wait time to see how these outstanding matters are handled. As to entry point that's for each investor to do their own research and weigh against their own portfolios.
"It's not CPI" - possibly not today but surely you'd agree with Plum's notes posted yesterday at 22:02 re. AGM:
"CPI Disposal: He chose his words carefully however it was clear he was not happy with how the reduction was handled but he had indicated that he had discussed with them that if they wished to liquidate that other options were available to them as opposed to the open market which they have taken on-board. In terms of the profit taking itself he said it was natural given the relative success of their holdings with NFX being political capital for them as they are under a great deal of pressure to show their program is working, unfortunately as the program is under scrutiny short-termism is taking centre stage at CPI. "