RE: Traf27 Sep 2023 09:37
Hi Kwota, I do enjoy reading your thoughts on this and just smell a bit with how the accounts have not been done in time as cannot be that much to go through.
However your point 2, does this not help FES dropping the price so they can get their 30% and then offer existing shareholders 50% 60% premium to the weighted average if held down here? Then they would only be paying 0.01 or 0.012 anyway.
This company has been around a while and the current directors have made a few quid before and I see this bouncing from these lows when it returns and could/should just be a few days/weeks to get eggs aligned.
The smallest sniff of RTO would double treble the share price from here the same about our current business if there was a positive update there.
I appreciate many people won't want money tied up hence getting what they can but compared to some of the other gambles out there this seems to be one of the better ones out there.
I have only a small chunk in here but see any company that is listed and less than £300k mcap as companies to take a punt on purely because of the value of being listed for RTO purposes.
Just my opinion, good luck BC