RE: more buys3 May 2017 14:07
More like a piddling trickle, buys so far, if the data is to be believed, is a grand total of £20,000`s worth! Can`t see that causing a shortage of shares.
So more wild over ramping exuberance would be a fair description of your post.
They have moved the full payment date again to 16th May, which is not far off 3 months since the `investment` was first announced, so the uncertainty still exists as to what is going on.
Seems a bit odd that the Chinese haven`t had any problems getting £200k into ECR`s bank account but they can`t just pay the full amount...it still has to go through the foreign exchange process whatever the amount!
Probably why there hasn`t been a huge volume of buys today as the uncertainty remains, and any use of the proceeds is getting delayed further down the road....they (ECR Directors) must be sitting around looking at each other wondering what to do with their time because they can`t push things on without full access to the funds to activate the plans.
Maybe they`re playing Monopoly!