RE: Such huge “buys” yet ……2 Mar 2026 17:45
I’m not ExMS, just to be clear.
I believe you can make money on any share, even ones like ENET, and I’ve done so in the past on ENET and others like it. The valuation is low here because of past performance. If past performance had been strong, the opportunity wouldn’t exist at this level - the valuation would naturally be higher. Of course, that comes with increased risk.
So I agree with you and Redhammy on that point and also that we’re all here to make money and have a laugh along the way.
I’m intrigued by the potential new investor. That could be either good or bad news, depending on who it turns out to be. I know they have up to four days to file a TR-1, but it does raise the question: if the investor is strong, why weren’t they mentioned in the RNS? Perhaps the delay is simply procedural or perhaps there are sensitivities if it’s someone the market views cautiously, such as Yorkville, who have appeared with a couple of AlbR companies already. I am also a little concerned about geopolitical risk which may or may not turn out to be an issue.
It could all turn out to be positive and I may miss an opportunity, but for now I’m sitting on the sidelines.
Good luck all.