Re:Re:Punt12 Feb 2017 18:05
Ian.B thanks for that. From an outsiders point of view,as you say details of the transaction being very scarce,makes you wonder what it's going to contribute to performance. Additionally what contribution if any are the two directors of Timegrand going. to make!!! Or are they just going to be major shareholders!!!!
From my point of view at the initial stages of my PUNT, growth and profits were being forecast in line with a major new customer every week, and Casino Cash was about to hit the market, then we had the debacle early last year which resulted in court actions and the departure of PJ as CEO( although only in title) with a replacement still not appointed.
Following all this there has been a lack of communication,which eventually resulted in last weeks RNS which not only said business had been affected in the second quarter, but also an acquisition which drastically reduced shareholder value,which we are still not sure of the reasons behind it, but no mention of year end figures, or CasinoCash.
All very dubious IMO!!!!
Now trying to decide whether to hold until results or depart, as I still believe BOX has a lot going for it, only if it was more transparent!!!!
Whatever I will still continue to watch with interest, GL