I am 25% down on this. Like watching your house burn down and realising you have no insurance.
Very difficult to sell when I have been feeling so positive on this for so long. What have I missed that is causing this drop ?
1) Vague RNS's from the BOD. "Substantial" "Significant" "Increasing shareholder value" all open to interpretation and stand point.
Perhaps the offers have never met the MCAP hence the vagueness in their communications.
I had very high hopes for making a profit on this share to at least double my investment as minimum. Those hopes are now at the point I will be glad to recover at least some of my loss. If this rises to 23p I will still be seriously losing but there maybe a very strong urge to press the sell button.
Easy to stay strong and hold long when your still showing a profit.
What is going on???
The MMs are reading all your Jelly legged comments and realising they can shake more shares free if they drop the price than if they raise it.
Keep whining and we will see the spiral continue..
Thanks Tilly
Your late on deck today. Did you have extra time in the hammock this morning?
Would they have received privileged info prior to taking up the shares placing?
If so why ?
If a Pi had the same amount to invest would they also have been offered the same inside info ?
Any help or factual opinion appreciated
Directors showing support for the share price at 5.25 which is positive
The BOD must have known about the contents of todays RNS.
They have misled the market and shareholders by releasing this after yesterdays RNS. The circa 6.58p is now worth circa 5.89p
And that is only if the purchase price of "upto £40m" is achieved.
Ever feel like you may have been sold a Lemon ?
Latest RNS means an 11%+ dilution. probably leaked early that's why the sellers.
Not going to argue with you on that one.
seems to be working now. Must have been my end.
something not right with that link !
Administrators will probably drag this out to accumulate fees. No profit for them in accepting the EGHOF offer and concluding things without delay.
Or maybe there are more skeletons in the cupboard than we are aware of and they are looking into that.
They were slow getting the last one out for the EGM
Thanks Nixon
Very interesting and insightful.
CAW1
My thoughts exactly ! P
Ragsrob 10:55
Top post and great question.
Hairy and Calamari try showing some class and answering the question if you can’t stay quiet.
Bought in at 0.7p
I'm guessing you have had your pay day many times over........
I agree with your sentiments Roger but one thing seems certain that the BOD don't appear to be guilty of trying to support or ramp up the share price.
I have seen other BODs continually issuing news snippets trying to raise positivity over very little news which makes me think they are just trying to keep the share price inflated.
Perhaps the EUA BOD are trying to temper shareholder expectations when they release deal news in order to get it voted through. Just conjecture of course but due to the lack of concrete facts all kinds of theories are possible.
Ian
Many thanks.
Its people like you on this chat board that make the waiting easier by posting facts and civil responses.
Since being on here I have noticed the worst in human behaviour but there is a decent sized core of posters that more than make up for it.
Practically guaranteed we will have more news by close on Friday due to the AGM deadline.
GLA Genuine investors Rum, Kola, PGM ****tails.
Ian
Any idea what the MCap would have been at that price ?
I assume there were far fewer shares in issue at that time.
But who are they buying them from?
You would think with a little buying pressure there would be a positive move in the SP !