RE: Another week with no news- well done BOD6 Mar 2026 11:23
Billy, that's a bit of a reach, to say that BoL have 'shot themselves in the foot'. that's just plain silly.
the question isn't whether they've lowered their standards (why are they going to, with potentially, £millions/billions at risk from poor protocols and regulations?).
i think the bigger questions are GST are:
what are they doing to maximise their office in lithuania?
does the court case with what sounds like they've been hoodwinke by ex employees, in a company that the spouse of BoD still hold a stake?
considering they had ample time to apply last year, why did they leave it so late?
what, in their accounts, shows fiduciary competence, when they had to remporarily pivot from Lithuania to Poland to survive for another six months?
and, knowing that there's a clock running, why are they still silent on their 'we're applying in Q1'? because silence means two things, diametrically opposite to each other: they're applying but not saying anything (bad form, if they've rns'd they would) or they're not applying, in which case, what on earth are they plain at!
if you're in and down70%+ it's a hard swallow to cash out so holders are a hostage to fortune/misfortune as it's easier to risk another 15% for the hope that it comes good.
but, from the outside, it's better to be on the outside, as is witnessed by the lack of buys and rise in sp and wait to see. noone is going to care about getting in and missing out on the first... even 30%, if this is going to have any long term future.