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Always puzzles me how all the talk about pi's having a massive %age in shares , it may be true but after 3 years it's unlikely to be the same people and many of them will have bought at various prices on the way down . Not sure of lth's being the majority presently so a lower bid if it came in would possibly be acceptable to them. Not me but I'm sure my measly million will have much input .
Is it not plausible that most of the shares bought over the past year will not be in sticky hands as 9p has been the high and selling for a 50% profit would be a win win for them . I conclude it would be of no great use to me.
Having read this board for 3 years and seen posters repeat themselves to death I don't think anybody should try and shut down a valid point of view , the full disclosure should be out there and investors can make a judgement call on whether it is a good buy or not. Just my opinion.
I'm always surprised Droverman when someone rocks up with the" 70% private investors "argument this share has been dropping for 3 years now . What private investors would have been happy with then is not what private investors now would be happy with. Expectations along with churn rate will have dropped dramatically. I just don't think many investors will have stayed the course. Just my opinion.