After the stunning merger RNS on Monday and subsequent euphoric reaction on this board I'm genuinely shocked to find these "golden" tickets are yet again available for a never ever to be seen price.
This must be one of those rare occasions where the wider market has completely failed to grasp the incredible potential of a company. I'm sure it's only a matter of time before the current holders can look forward to life-changing sums of cash and £1 takeovers
That's the trouble with a modest IQ badgenator...... a failure to grasp what's actaually happened. They converted $10m of loan notes to equity not because this is an atttactive investment but because the alternative is ? Now I'm not going to provide all the answers try and think for yourself... it's really not difficult.
Classic market making today..... took it down early then spiked it back up again to suck in more victims. Rinse and repeat over and over again. There's been a lot in the media about "fake" news lately. Wonder how long this pitiful rise will last.
Maybe Val but when.... tomorrow, next week, month, year, three years, ten years whilst the board of directors cream salaries and bonuses. Scam in my humble.
Sorry for the delay in responding just had a rather fruitful meeting with my wealth advisor where we discussed a number of investment ideas.... strangely RIP wasn't one of them.
I guess I just find it amusing when people post "definitive" statements when it's apparent they have little more than a layman's understanding. What do they say.... a little knowledge is a dangerous thing.
On the train back to Milton Keynes aka Woburn Sands.
Have a lovely weekend all.