RE: Holding in Halifax17 Jun 2017 12:13
Never quite sure what is going on, or has been going on behind the curtain in the past year, but what is clear is that the board have been working on this for a year.
Yes the share has been suspended, and the RTO has been going on, but a prudent board would have continued to work towards monetising the product.......viz they weren't sitting on their rears for completion of the RTO. Evidence of this is the appointment of VK in January 2017. So what has VK and the BOD been up to since January. With VK's appointment, then we can assume the BOD knew at that time, the RTO was certain. Think then there is a trading statement, perhaps even contract wins in the pipes.
With free float of 14 million, a trading update will put this through the roof. Would not be surprised if we get this on Monday morning. AIMHO