Matched Bargains: The future22 Aug 2019 15:10
I haven’t posted in here for ages but felt it important today the following:
The directors are right in delisting in order to try to realise the proper value of the company over time. It may get taken over, but if not, over several years we should see a more sensible share price. I have checked into the possibility of trading at some stage using the JP Jenkins matched bargain facility, and am assured by Hargreaves Lansdown that this can be done.
So, I intend to wait if necessary for several years in the hope that the SP will rise to more realistic levels assuming the company is successful in selling its bandwidth.
Who knows, they still have lots of unused spectrum rights, which in time could be utilised with further satellite launches.
The poor management days are hopefully over!
