ESL8 May 2020 10:05
The question is why relist in February? With a 51% stake, there was no reason to relist.
OK, so ESL relisted, was it to raise funds? Veey likely.
Why spook the share price?
DBAY paid 32p a share back in December time? So why squable of 8p or less.
ESL in my opinion will be sold off, but DBAY need to correct the share price first.
What are DBAY going to do with a haulier? Break the company down and sell assets, unlikely!! As peoples jobs will go. No way you make over 3000 people jobless.
DBAY can buy shares at 8p, its not unreasonable but why manipulate.the market?