Cause its unclear - update on legal proceedings could be great or crap! Plus halt on one exchange and not here with an ambigous statement hardly gives clarity - shouldn't be allowed.
If they haven't disclosed that they are related to this acquisition, could get them for breach of fiduacry duty they owe to the company if not criminal charges for dishonesty - doesn't matter how many votes you have.
But the sp decimation is hurting them now everyone is after them - wouldn;t suprise me that a favourable re-financing RNS pops up very soon to try and stem the drop.
Very sorry for LTH's - its pretty outrageous looting of a what appears to be a reasonable company underneath.
I've got 150k at around 4p average - will add another 100k in batches if it drops to low 7's - happy if I get them, happy if I don't. With this tiny free float, you'll never the perfect price
I admit I don't understand all the ins and outs but - apart from taking it private - I can't for the life of me see what advantage there is in destroying a company in the medium term .
HSBC aren’t supporting lightly at near 80 pc current mcap.
Do you want the inefficiency of no debt? That’s why these prices are attractive- it’s mortgage growth time. - funds at 2 pc or placing?
If you can’t see a special situation then it’s cash isa time kids
Ask the institutions
They always play fair . Make your own mind up as to value as per the info we have.
95 m is tight once value base determined.
Anyway, you carry on.
Value disconnect ending.
Short term you’ll have a few 29p traders then mid 30s but Now’s the time to analyse what divi yield and EPS is suitable for not a profits warning but a growth warning for the next 6 months.
Could be the best investment risk wise anyone has made for ages - its product is here for many years.