Buying? Seriously?23 May 2017 15:24
Taking a punt would seem too large a risk, because we still haven't that newly sourced asset for RTO, coupled with the old or current asset of Mutsk being deemed not viable to continue with. Nor has Reynolds only become recently involved here.
As a long-term holder of seven years, whose shares are now completely worthless, because of past management ineptitude of the highest order, bordering on the criminal, my advice is to please be very careful with this share. Wait until an asset for RTO has been identified and reported officially. Then decide if it will be worth a risk with your hard-earned money.
I remain a shareholder, but would not wish for anyone to experience the same woes, particularly without an asset in sight. So far, we have given this new BOD £3 million or more. We need to see if they come up with the goods or simply fritter it away to enjoy a certain lifestyle for a year, before ORE is then completely removed from AIM.
Good luck all.