Member Info for Davand

New chairman says they are there to do their best for shareholders and talk of a TO was just a rumour.. Let's see!

We'll soon find out if Rees is as straight as he makes out? This sp has been left by the company to tank to levels as low as possible to maybe do the same as at Sbi imo.

Exactly what is going to happen here imo.

Many will say a company that has lost over 80% of it's value in a year, has big problems?

It's a massive problem when the Bod don't have a scooby how to fix it. I think these investors have sold more than a few in the last 6-12 months.

The fact someone is selling millions at record low prices isn't a good for me. Agreed, at least it looks like they are being snapped up generally. We can see why the sp isn't moving though.

Sizeable sells showing. Someone keen to offload at record lows. Not a good sign.

Picking up the 1M sellers shares?

Yes Frankie, there are many great pointers to future success here. Could it be just MM playing on the sentiment? Would be great to see some Bod buying. Now that might make a difference.

Frankie, I would hope to think you're correct, but then again? They are short of cash, but you'd think they wouldn't have any probs raising more funds,.. But then again? Something is very smelly here imo!

Management consortium takes it forward in a private venture. Maybe sell in a year or two when it's flying. It happens all the time. LR £70k safe as houses further down the line.

Or is it being run into the ground on purpose and picked up from administration for a pittance?

Perhaps they haven't heard about averaging down yet. Lol

No sign of management buying says it all really.

Not in their control, so sweep it under the carpet is all you'll get.

GLT, seems confident it's none of the big shareholders selling. Not sure how he knows?

Yes, it's very clear to see Stas. There have been a lot of buys over the last few days yet we have gone backwards and never looked like there was any inkling the mm would up the sp.

As we know, they don't rns everything for some reason. Like at least one big blue chip signing.

They said by calendar year end for Taiwan I believe.

As long as they can keep getting their inflated wages they will just trundle on forever. They won't want a takeover, merger, partnership or anything that rocks their gravy train. They won't bother about more dilution either. Rees was well in his way to 1B share in issue before he had his wings clipped. Glad his ally Reynolds has left too. All in all, new management needed.