RuR17 Jan 2016 23:15
No Major shareholders have sold any stock,that says something,they are fully aware of the current value!.
For the odd person to state they bought at many multiples of current SP and sold recently at 1p losing thousands of pounds,well the SP didñt deteriorate overnight,would have had ample time to sell out at a much higher value.
Then to say,recently bought again at 1p and then sold,due to posters,well excuse me that's just nonesence,a blatent attempt to finger point.
Scare tactics are not going to work here,we appear to have more than one of those above types.
Fact current upside a minimum of 350%,and as declared by the company in September a NAV of 7.5pps,and that's after impairments.
Agree with other investors here due to the huge economic change in Argentina that NAV can only increase.
We also own 50%,yes 50% of Eds,a very profitable energy company in Argentina,currently owing RuR £10M as RNS September states,that's for interest repayment on loans given to the company,that can and is probably being repatriated to RuR bank account and news of that is imminent IMO.
Everything above can be accessed in the RNS,its not fiction.
All looking very good for genuine investors.
Gla