RE: CyanConnode Trading Update for FY2026 .....24 Apr 2026 09:26
" This is going to be very difficult for JC to explain."
Not really , because he is choosing to say nothing. About the possible offer, about WHY the recommendation and as colour points out : "The Company continues to make steady progress " so after 13 years at the helm ??? Accept the offer if firmed up?
None of this makes sense . The larger holders should/would/be screaming for an explanation after all these years! Has JC shared info with them?: because there is no evidence that would escape the detectives on here to suggest they have been vocal! Info that has to be shared with all legally? Shared in that Trading update!
One large holder STILL dumping into the increased sales, apparently with assistance from MM's.
Arbitrage is available , and volume of buys is increasing but no huge volume.
There is a lot to unpick. JC needs to speak.