RE: When will the deal get done14 Feb 2020 09:58
The problem is, opp03ite, that having the majority if not all the shareholders in a state of near ignorance would also be a very good ploy if you were indeed doing sweet FA and getting paid very nicely for it thank you very much. Now this is a (not that new anymore) new BOD and although the details have changed the reality has not. Hence the "normal frustrated reaction for something you are not aware of and or don't understand." - is one way of describing the ongoing nothingness that we ALL have here - does anyone actually want that? If this share was not suspended it would be doing what it has done for at least three years, stagnating with a vague and ever rolling onwards one or three month "delivery of something" time and slowly dropping with quicker drops and little rises every now and then. Shareholders slowly lose and eventually will lose a lot more if a dilution is required, board gets paid, "consultants" get paid, other third parties either get paid or start circling looking for easy pickings at the death. Now whilst my synopsis of doom may not actually end up happening (and I hope it does not as I am a shareholder here again) I defy anyone to say that for the last three years this has not been the case - old BOD and new - and that apart from "hoping" rather than expecting or having any confidence in we are most likely looking at much the same. The last RNS seemed to me to be preparing us for it. Solo's original stated aim was to buy assets, add value and then sell for a profit. The first it has done with your money the second bit is debatable because the third bit has NEVER come close to happening!