What Next -All28 Jun 2024 08:58
Good morning,
So here we are, have another 7 hrs and some 45 mins to decide, whether to hold, top up or sell up, whatever you decide I wish you all the best.
In terms of timescales, whatever we've been told, double it and add a bit more (I have my PM hat on this morning. Nothing ever goes to schedule, expect the odd blip and turbulence along the way.
In terms of risk, stating the obvious, on-going special Ops, Auditors may take much longer or may find anomalies, Russian state could impose sanctions (to date we've been under the radar), or a hostile offer could land on the table undervaluing the company, collectively we could come up with a very long list.
In terms of risk/reward, we're mushrooms, we haven't got a clue what's going on behind the scenes, for we know the suspension could be a means to stop SP volatility or prevent some entity accumulating shares in readiness for a hostile takeover. On the plus, perhaps a sale could be finalised, who knows! On the negative, perhaps nothing will happens, we'll get an RNS to say the company remains in suspension until further update.
Unless I'm mistaken, EUA goes into suspension 1st July, add 6 months and we get 31st Dec, a lot can happen during that time, including Trump coming into power and forcing some kind of end to the conflict
The choices, risk/reward is very clear, plan for the worse, hope for the best.
I wish you all the very best
Kammy