Cant get any more for less than 6p.....Really nothing in the float..... Miniscule sells and the MMS try and take the pi's pants down....Nice try.....Patience patience.
I am with you on that....Lets keep in mind that an offer has been made...The board are happy with it.....A few loose ends to tie up and it will be put to shareholders.....
Just keep coming back to blackrock..... They would have sold it all on the spike to 11p if they assessed the intrinsic value at 4p. This is going to 10p+ next week
12p value doesn't include the future carry value of retaining 24% in ethanol business.... Either way it's clear we are worth more than 6p.... We should be sitting at 8-10p... Next news will move price back up.... Also worth considering why the 18p wasn't taken.... And that shares in the float very limited and none of the institutions have sold in fact blackrock have increased
Turned down a couple of months ago.... New offer acceptable to the board. Blackrock support this by buying more.... I wonder if we will be 6p for much longer....
I don't think blackrock interpret it that way.... You are obviously sharper than one of the biggest financial powerhouses in the world.... Maybe they should hire you x
20p is possible but from a trading perspective 10p is within reach one more colour is put on the proposal and egm announced.... With another deal in the mix I expect a further announcement next week