There won’t be any news till after the 27th, he’ll want his mates at Schlumberger to get there hands on the 120 million nil cost option shares first. He’s broken this company, completely out of his depth.
The PR from this firm is atrocious. Week after week the share price drops. They say they are taking people on but have no news to put out, the shareholders trapped in the ipo at 96p must be buzzing
This price action, silence from the bod and large sells every day smack of a fund raise. Mm’s walking the share down to an agreed price. I’ve contacted Mercia Investments who I believe took the IPO and should be locked in till Dec for their opinion and to put pressure on the bod to at least tell us what’s going on
Sch can’t excercise their options till that date, no one trusts the bod so if they release news before all that will happen is the price May rise then drop back . He’ll want schlu to get a good price for their shares otherwise he will look like a twot
I may be wrong but I wonder if the bod are waiting till after the 27th to announce news. That’s the date that Schlumberger can excercise their nil cost options over 120 million shares.
Down to the 30’s possibly this week unless the useless bod communicate some positive news. Massive reliance on LFT tests in the world and nothing to say. Jokers