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Good morning all hope everyone is well.......
LOL think again, BF has told the new board of directors!!! there is only ONE a non exec, all the others are the ones who were already there, just switched rolls.
I also don't think the SP is artificially depressed either, if anything it is overpriced for just a cash shell....
I don't see how anyone can blame anyone else or the government for what has happened here, bottom line is anyone who invested in this share knew it was in trouble and extremely high risk, and that you could lose your money if you pressed the buy button, it's not nice when people lose their hard earned money but with high risk comes a high chance you will do your dough.
So you pay your money and you take your chance, i'm sure most of you investors will move on given a bit of time on lower risk shares and GL
The post you put up yesterday about United Carpets coming back from administration, it did because management bought the company back obviously at a reduced price (with money the management probably borrowed) even though it came back from administration it was then owned by the management team that bought it back so previous shareholders were still wiped out anyway, in that instance the management did not buy the company back then say to shareholders prier to administration here are your shares back.
Hope that makes sense lad......
RRR sorry to be the bearer of bad news but this is not coming back, once assets have been sold down to pay debts and lots of legal fees (and they wont get market value for it) there will be a list of priority for who the generated money will go to and shareholders will be the last on the list, that's even if they make the list, GL on your next trade.
talks with it's creditors have failed, looks like it is finished administration...
There are two sells at 0.3733 for over 1 million shares, i bet it was from the same seller and they probably had to split the order as it looks like the MM don't want the shares, can anyone sell......
Don't think there are any tricks being played, i just think it is what it is, people get nervous when suspension is just around the next corner, GL to those holding out for a positive outcome.......
Someone sold almost 2.5 million shares @ 0.35
MM wont hold a load of share, there wont be a TR! because no one holds over 3%, they wont get the SP up and imo, they wont get a |RTO even with an ext done all imo
Morning to the few die hard's that are still in here, prediction for today i think it will close @ about 0.38, Congrats to the mighty REDS on winning the Premier League title....GL all
I don't work for a company that wants any Motif shares, i asked them if they wanted any and they told me to clear off and they would not want them if they were free, when i said there maybe a RTO they just laughed and said "lad they will be suspended and then delisted"
Bit of a drop again today and only 24 trades too, is anyone sill left in here and still topping up.....
Few sells @ 0.41 at the end of trading......
Novic how did you get on with that 80/1 on the reds not winning the title....lol
There are plenty of companies around with covid related products from various test kits to PPE, then there is the drug that helps with breathing all we need now is a cure from the pesky virus, the chance of a covid related RTO are zero.....IMO
Oh i'll be posting again alright, right up to delisting.....
All enjoy the next Premier League Champions tonight, hopefully the amazing BF will stick one in......
I'll post my prediction later after you have posted that post where i apparently said 0.2...... looks like i wont be making a prediction then.......
If it helps i can tell you what Motif poo is worth, zero soon....lol
Jthrone good luck for your next trade, i hope you find a decent share next time and make sure you research propery before you buy anything, if any of the P&D crew are on there swerve it lad......