RE: Enetπππ12 Feb 2026 14:45
He must have done the placing as the threshold date on the TR1 is the same date that the placing shares were admitted so he will have the same amount of warrants again if the GM resolution is approved.
There is a lot of focus on the obvious risk that the company's performance continues to be abject and the share price continues downward. The same situation also provides an opportunity to buy a company at a very cheap price and if performance or sentiment changes (the share price has not gone down always, there have been times when it has temporarily gone up), there may be money to be made.
I know a lot of people will disagree with the suggestion that the company's share price fortunes will change but that's what a contrarian does and his Twitter post accepts that he gets it wrong some of the time but if he gets it right, then the winners more than make up for the losers.