This type of trading getting to be a regular event drop the price and buyers flood in . 3rd time it happened recently . I’m getting a bit sick of this cr”p to be honest .
I’m expecting a super charged production update on Thursday and Mr market does not.But guess they need to see the results We will see who is right, Still don’t understand why someone has not bought this company .
I can see them doing a deal with Firestone a new £100m plant sat idle for 18months Firestone gone very quiet on sorting out there loans was ment to be sorted by now so something going on there just another possibility whot gem are up to.
Guess with so few buyers and indifference from management MM can play with share price as they wish they done so yesterday so why not today . Would be good to see a serious buyer buying at this level.
Well the MM stimulate worked ,bought another 12000 shares myself if price don’t go any ware still got the divi happy to hold till 80p plus might sell then
The for sale sign been up for a wile now .when I say for sale sign I mean the low share price .II must see selling as only way to get any money back . Divi not worth bothering with poor poor poor
Some thing stupid like buy Firestone diamonds whose plant is just down the road and been on care and maintain since covid started . I own shares in both .could work for me
I believe after restructuring which we should here more about on wed this week will be 410m dollar not pounds of dept I guess share price already about where it should be for now . But It will leave the company in a better place to recover .
Most of this chatter about the offices etc is news to me but it does seem a gross waste of cash for a 70m company .after all they are just digging the diamonds out the ground to sell to the top end retailers don’t think you need Mayfair offices for that.they would buy them in a shed if you had the goods crazy.