RE: More cash than April29 Sep 2020 14:17
I was invested some time ago but came out as I felt the future looked a bit uncertain and probably continues to be so. However I am now a little bit interested and may dip in again. There are a couple of large corporate holders and some other individual holders above the 3%. The business needs cash but it looks clean and interestingly Barry Reynolds has been building a stake over the past few weeks and now has more than 8%. Why? None of the parties would like to lose their money so I see either a cash injection to assist the on going business, a reverse of one of the corporate holders into it or a sale of assets to one of the corporates to leave a cash shell. And perhaps BR may be interested in taking it forward.
Any thoughts?