Morning Chaps15 Jan 2019 10:21
Seems to me that in the absence of any other major buyer, Seafox are controlling the SP at or around 18p until they have 25% of the Company. When this is achieved, they will expect a seat on the Board.
GMS are slow to respond to yesterdays RNS, but maybe in their current financial situation, there is little they can do?
Further down the line synergies will be explored, mergers etc., but not this year I don't think.
Once Seafox have achieved their goal of 25% of the stock, we should see a continuation in SP recovery, hopefully at a similar rate as the last few weeks.
All in my 'umble opinion.