RE: Anyone seen this?5 Feb 2020 14:28
Surely the focus at this stage in time should be placed on whether or not this excuse of a company are going to secure a credible "deal" on or around February 14th, which for the feint hearted is next week. In other words, they haven't got a lot of time left to play with if they are going to impress the most hardened disciple.
I bet JJ can't wait to leave tomorrow. I suspect he managed to get a cash pay-off unlike Mitchener who has been unceremoniously handed a glut of next to worthless shares. It's like being handed a paper towel to extinguish a fire.
I have been watching the share price over the past few weeks to see if there is any hint that a deal may be done. However, the price has had what best can be described as a cardiac arrest i.e. it has pretty much flatlined. Maybe on February 14th, the share price could do with one of those blue pills that I alluded to in recent messages? Something needs to give it a spike.
If a deal is not forthcoming, then expect more dither and delay and I suspect more share price dilution by way of another equity raise in order to keep the money trough topped-up for more swilling. Mitchener will be exiting this circus show March 31st and I bet that date couldn't come any sooner for him. It's been a very dusty time for him and he has had IMO a miserable time at SOU with no real success stories to write home about.
I maintain that there will be NO DEAL, further dilution and more and more delays combined with radio silence coming from MF. If I'm wrong then you can mock me all you like. I'm big enough and definitely ugly enough to take your rude comments. However, I have proved to be fairly spot on with my predictions over the last 1-2 years - even at my own expense! You'll say these words to yourselves soon enough: "God, that JeztheFez character was right again.....tut.....I should have listened to him."