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I thought on Monday it would hit .2 by Friday but I think you may be closer sadly ,looking like a distressed placing could be in the cards ,something has went badly with the legacy issues hence why they gave so little away in their update taking all their cash up ,being main market they are limited to what the can raise ,will we see cln's again ,or will tomorrow bring some news and all this is a bad dream
Someone been unloading here for weeks,company is aware of the selling but doesn't know who ,unless they are weaving a web ,but it's showing no signs of slowing ,their isn't enough share ownership from pi's to be selling the amounts and at the price ,no pi will have bought below .25 in the lead up to this mess ,most longer term holders are in at the midd 30s-40s
They have given us shareholders a good chance of making significant gains ,from what we thought could be a lost cause ,I certainly did as it seemed to look so positive to seemingly crumble in front of us ,but here we are on the verge re list,it will catch the market napping ,it's a superb deal
Sefton selling in the quiet ,market has no confidence in the bod,someone needs to take control of this
With Sefton involved we will always be seen as a bigger risk ,his name is mud
Looking grim their until we get rid of Sefton we are going nowhere
That's my buy for 61290 shares as I average down for the umpteenth time ,but brocker had to phone to get them ,crazy market