RE: Mysq23 Jul 2018 22:00
Been thinking about my last post and believe the large buyer could well wait for the remaining conversions and pick these up over the coming weeks. It may cost them more £ and time to do it this way but it may be the way they want to go to get a bigger slice. I can also see that they may want to bring things to a head this week perhaps on Friday after accumulating as much as they can and before more shares are agreed. So I think the GM is pivotal and in light of the lifting of the voting rights it may well proceed so Atlas can convert and go with my first suggestion above. I have been wondering how many shares are held by PIs. I estimate Eric and his 'friends' hold 50% (Mr K, MyPay, the large buyer and the directors themselves) and wonder whether they intend to squeeze PIs out now so they can reap the future rewards themselves rather than let us come along for the ride. I think Imperium bought their main share holding around the time the price was 5p so I doubt they would have sold down on the main market at 1p. Maybe we will be offered a similar deal some time in the next 5 weeks. I'm sure we'd all like higher.