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You are right Nick, wrong board. Add the ingredient of UK/China political fall out days after deal signed to understand why British imports were put on hold. Pierce moved on. Think that answers all the questions
Aquae - it does things that don't need to be advertised
I agree with Bubs. When in doubt reverse out. Exactly what I did
Stuart rows his own boat. Strategy should be fluid, dismiss smaller deals, drop own bonus for enhanced shareholder value, see an acquisition target which catapults the company growth. We either believe or we walk. I continue to believe, not blindly but because having been in Stuart's position I know how one needs to adapt and adopt when opportunities present themselves. See you all at the 70p party within a year
Sounds to me plenty to come. This management has steered a course sacrificing personal gain for investor value it appears. Let us how that transpires in 2023.
Lol, I shall be landing in the land of Mr D later today. Fireworks Tuesday lol
A reasonable buy being difficult to fulfil. Only 200k but broker called to say he struggling.....
Cynicism abound with this board however now this offer is disclosed Maris and his chums are free to actually buy some shares........
More likely delaying until the board can feast on share options.....which they probably cannot issue currently as there could be a host of things happening disallowing them to trade/grant options. One such thing could be an informal offer......just my suspicious mind....
Can't be much longer before a bid here. Inexplicably low price. Artificially held to await buyer's readiness? Who knows........
Strong words from Malcy https://twitter.com/mgrahamwood/status/1570354475990392832?t=wUPYxMktj1FVgOCyPQ_LRw&s=19
Good to differ in views. The oil price between now and 2025 is unknown. This board has not acted in the best interest of its shareholders. We were not considered when they were trying to off load to bond holders. CA stopped that. Maris has been dogged and morose at every (forced) interaction with shareholders. If the board had had a vision they would not have needed a Judge to kick them back into the world of commerce. Hey they could have even bought some shares. Next circus act I'm waiting for us for them to award themselves some Options as a "reward". Let's get it sold so we the shareholders can reinvest into a company where the board consolidates with shareholder interests. Zephyr for me
FWIW I think any Truss amendment to the windfall tax will drop the barriers to an acquisition. This company will fit neatly in the underbelly of a profit making company. Has to be 17p a share of anybody's money. Either way cash is indeed king and this is in a much better position than it was 12 months ago, despite Maris.
Maybe there's a reason they can't? Seems odd
Odd a much earlier £50k buy not showing
A decent £28800 buy due to show
Seems Sky agrees
https://news.sky.com/story/de-la-rue-chief-has-licence-to-print-his-money-top-investor-says-12642684
£2 to 80p in a year. Demolished shareholder value. The circus wants it's clowns back
Nobody's fool
https://brightbusines.com/david-kyte-what-makes-him-a-billionaire/