RE: Happy to hold7 Apr 2025 18:49
Just a few weeks last year before the first approach was announced, Ken purchased 2 very large trades which stuck out like a sore thumb. (~500K total) He was obviously keen to make a lot of money on his investment at the time hoping the buy out would be much higher than what he paid, however due to the deal being pulled, he lost a lot of money on paper. The price he paid at the time was high as it didn't factor the accounts issue, thus to expect a similar offer to the previous may not be achievable. So this leaves Ken with an issue I guess, and a pretty crap return for him. With the SP being dragged down due to the crappy updates provided and nothing positive really being said, "those who know" would make a shed load of money when the positive news arrives. Follow the money as they say, buy low and sell high as its bargain basement right now thanks to the shorts and Ken's crappy updates. With a MC of £165M, this is bargain prices. Just a thought