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Almost got excited when that RNS was sneaked in but yet another one that will probably have no positive effect on the SP????
If we are not working to a set date, then they have shot themselves in the foot. I hope it is to a set date and that it will all happen soon but, unfortunately, I don't feel confident enough to invest more even though I know the SP will rise considerably, once signed.
Have to agree with you there CM. It may take a company years to achieve success but I have been invested here for well over 10 years and just see the same old crap all the time. 'Ongoing negotiations' 'making progress' etc. Yet nothing has happened apart from the SP plummeting.
Surely they will not let another deadline go by. It would ruin the SP again. I have said before that if they are not sure make a comfortable deadline like June. This should not go up to the final day leaving us all on tenterhooks.
Just hope nobody bought in when it was 50% up the other day. I warned it would drop by over 20% from there but I hardly expected it to drop back this far. History always tends to repeat itself, especially with a company that has been run as badly as this one.
Well we all knew it would happen. A rise soon followed by a substantial fall. Is anything happening at all here??????????
They have just used the company for their own profiteering and have basically stuck two fingers up to long term investors. Money will possibly be made now but they should never be forgiven for what they have done. Perhaps a fat dividend for anyone who has held shares for over 10 years might be appropriate. Wait a minute did NR not promise that when he was in charge (if ever he was in charge)?
Like you nicely, I have seen a four figure sum go down to a three figure sum. Lost count of the times I have said that it can't get any worse but it just does. This could go up 500% from here and would still leave me very disappointed.
Hey CM, it was my comment about the value being less than a Country mansion. Now seems to be worth a Country Mansion with a swimming pool. Only has to go up another 400% to get anywhere near where we should be. Can you see that happening.
The last time this went up by about 10% it went straight back down to even lower within a couple of days. I hope that will not be repeated.
What I don't understand is that if we are a major player on a big list in a commodity the whole world is desperate for, why is our market cap less than the value of a large country manor????????????
He used to answer my emails but once I said that many investors were worried about the deterioration in value of the company and the lack of positive activity of the BOD he got quite aggressive and has not replied to another email since.
It seems so certain and makes it very tempting to buy some more. We are in a stronger position now than when we were hanging around 6-8p hoping for a deal. But after 12 years of investing here and only just about even should I bite the bullet and do it?
A short extension looks like it will be done and this should have little effect on the SP. In fact the SP should go up. However, if that extension is not met then we have shot ourselves in the foot. Looking forward to happy times over Easter.
Missing deadlines is no good for anybody. Why did they just not pick a deadline that they knew would be met. If they had said June, there would be no worrying now. As it is many are expecting a crash. I hope not. Something definite needs to be stated now.