I have had a soft spot for this share for a number of of years so I am pleased that it might actually start to reach its potential and push about its recent highs of around 30p, which it should on firm contract news by RNS.
This has been a very expensive lesson to all investors. The warning signs were there, but we all thought we could see a good business in there. It seems, however, the BOD had different ideas and either couldn't do the job properly or didn't want to.
This situation should never have been allowed to happen and it is either gross incompetence or absolutely disgraceful behaviour if planned. Either way, shareholders (the ones not connected) may end up with nothing and that is based on a company who has had an excellent turnaround and producing nice profits, if you can believe the RNSs... who wrote those again?
The regulators should have wanted to/ be able to do more here as many investors could potentially lose thousands. The heartless ones may say that the warning signs were there (Zorbas, Hogan, Jones and towards the end, Brenton), but surely there was a good case for investing here when looking at the RNSs and the progress made in recent months?
There is a large pipeline here and any one of those contracts would likely cause a good rise here based on such a low market cap. That, together with the current cash and forthcoming profit, makes for a potentially very good trade opportunity.
If it wasn't for your previous messages then I am sure some people would sympathise with your current 'loss'. However, I doubt any of that is true and I also question your motives in posting that.
The simple fact is that the current board don't seem to care about the shareholders and are only interested in controlling the company to suit themselves (i.e the drone deal by issuing themselves shares). If you were really in the situation posted below, i am sure you wouldn't be so naive.
Based on brenton’s recent rns comments and the fantastic company updates recently (?), I am starting to think that he isn’t really doing anything other than trying to protect himself and his corrupt buddies from the authorities which are seemingly closing in on them.
Are you in on it, jack? I really wouldn’t want to be involved at all - the sooner decent people are running this company the better.
Based on the wording in the latest RNS, it looks as if the investigation is being run by the current board, which would be yet another sign of malpractice - of course they will be happy with the outcome. If only the regulators would actually do something (which they might) sooner rather than later.
The regulator should be all over many things, which they know about, and this should be one of them.
This looks very similar to what he did at ANR as well. The current board allows this kind of behaviour to go on and the genuine shareholders are the ones punished. If only the current board wanted us to see our shares rise in value rather than lining their own pockets.
I too am voting in favour to all. This is a fantastic opportunity to finally have proper people running this company and allowing the true value to show. I have had enough of the company being used by the wrong people to line their own pockets without any care for us shareholders; we need to kick them out.
this company has excellent potential under the right management, and only under the right management; With Zorbas and his buddies carrying on as they are, this company will unlikely reach its potential.
the three proposed directors are sensible, extremely experienced, trustworthy and honest, which would be a refreshing change. They are no doubt keen to let this company reach its potential and we are the ones who can make this happen by removing Zorbas and Jones.