PLacing... at 38p!! Damn... bought a few recently, little bit higher... never mind, I hope it will swing down to low 40's and I can get a few more!! Should do well, with the "beast" flowing well... :) GLA.
Stark choice.. Pass the resolutions.. Or the company folds? JP will join JB on the AST gravy train, to get paid handsomely for doing nothing... Ultimately I feel us Lth's are going to lose and I won't see my money back. Damn shame.
Shareholders not sitting back and taking a shafting... standing up to be counted!! :) Too many BOD's do the consolidate and rinse/repeat option. Even if it means no more PI's being sucked in by this distasteful BOD... Hope it works out for you all. GLA.
The Asset has not disappeared into the dust. They have funds to develop it now. You might need to hold your nerve... but I do believe you will see that again and more... even if the doom merchants on here don't think so! :)
Remember also... that the GM will not be until the 5th of March... so the placing at 5p (post consolidation) will not happen until at least then.. so, why would it "pop" back up when everyone knows it will be 5p again (0.05 old money) post consolidation? You may as well wait to buy/topup until then? Invariably... prices fall to placing price, or thereabouts?
BTF... I admire your optimism, but it's like flogging a dead horse here... the asset was valued by CH at over Euro 200m by Colin at one point... but it's actually worthless to us, unless we can get permits to get it out of the ground? Nothing will happen... until we a) get permits or b) sue the pants off Slovenia for 50m euro!! :)