RE: Buying20 Apr 2023 17:51
People keep buying in Truck loads and it's going down. What's that telling you?
Working a seller? Who's left?
What happened last time when buyers plugged away for days and the price drifted lower? A surprise placing.
If that happens again, it will be one - crazy dilutive, and secondly as leaky as the first one.
The option of a buyout? Why would you pay a premium here buying the equity, when you could quite conceivably get it at a Knock down price of the Administrators if called in.
I've done my conkers on this as many of you have, and I'm looking for the positives, but quite frankly, in the cold light of day, this seems to have been doomed for some time, and we're all left holding the mess.