RE: GAME OVER26 Apr 2023 19:32
Difference here is it has cash exceeding the liabilities +mcap and is / was technically a shell ready for inserting a company in to.
But it has a board that has always don’t the opposite to what they should do, one month as a shell and call it quits, they are taking the mick, there are plenty of companies wanting to RTO out there,
Theres atleast a dozen projects kicking around that were looking to or currently processing an RTO into a shell, shells with £500k-£1m debt, where are here there’s already some (yea not much) net assets / cash to hand.
I see one last bounce, or a surprise coming before it goes.