RE: BRICS grows7 Dec 2022 11:58
Layla1. I presume you're implying there's a concerted effort to bring sentiment down so shares can be bought cheaply before big news arrives?
Surely that job has been done now and those 'in the know' would be loading up? But no, that's not happening which could indicate a couple of things; either those 'in the know', know 'big news' isn't due anytime soon or sentiment is very low because that's where it should be. Thanks partly to the fact that whatever assets the company owns being in Russia but mostly thanks to the BOD and their lack of communication and what can be described, kindly, as incompetence, or 'bull crap' by the more cynical amongst us.
Evidence: DD completed by the buyer last year with no progress, 'shortly', not being affected by sanctions (but still apparently need to keep their heads down), wages being spunked on someone to spead up the sale process, BODs wages increasing without providing any tangible evidence of progress on the sale of assets. I could go on.
My conclusion is simply sentiment is where it should be.