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Can someone correct me if I am wrong but shares not vested until Oct 2022 will not be eligible for any special dividends until then. If a special dividend was imminent then why not vest them now. Not a very positive RNS if that is the case.
We had a fund raise recently for £2.5m. The RNS said it was to complete the production of the covid test. In the last two weeks we have spent half of the raise or £1.2m on the purchase of shares in other companies. You have to ask if these investments are just that for the future or are they required for the furtherance of the Covid test kit. If they are investments for the future then we have been mislead regarding the fund raise and if they are in conjunction with the Covid test then completion cannot be far off.
Thanks for the advice Halma1983. I see from your posting you have 40 posts on the last 30 days and 166 posts in total and you have been trading for 30 years. How have you managed to keep quiet for so long.
FWIW my take is that they have probably had offers which do not reach their expectations and they are calling their bluff by starting to manufacture the units themselves. BRH are not a service company nor do they have the management to roll out a nationwide testing service. So it's call my bluff time. Either pay the price or we will set up a separate company to do the job but how long would that take. Patience LTHs
The photograph is not new SK. We saw it about 6 months ago.
So who thinks we are going into mass production, like the Prof says in his tweets, without any orders or a nod and a wink from somebody. And if that is so it would be very price sensitive and would require a RNS. Or is TB allowed this sensitive info to change his mind about retiring and buy 8m shares. Is TB going to invest £1.4m on the off chance the government will change testing to suit Paraytec test. As they say in PE I think we should be told.