Well time will tell, we know they have to get a deal and irs imperative to the survival of the co. As you rightly say the huge cuts in remuneration recently have been swapped for shares so why would they cut off their own hands.
End of the day the bod have openly told us talks are still ongoing and in my book that counts for something at this valuation.
How come they haven’t come out saying they aren’t aware of a reason, only that talks are on going. Perhaps someone knows more than the little man in the market.
ONE THING for sure, they cant raise at this level. MM needed to get the price up, they made a good effort, will they continue now they found 1 seller this past hour.
Too hold a 90% rise after a ticket means there's more to it than news. The share is immensely undervalued and even a 3 bag is needed before the company can raise.
To hold a 90% rise after a speeding ticket there is more to it. AKA market understand this is immensely undervalued. so much so it needs a 3 bag before they can even think about raising. read the rns, nominal .1