RE: money lender23 Nov 2019 18:51
The day BEFORE release of the RNS strongly advising shareholders to take no action IN RESPECT OF THEIR SHARES, as the offer was significantly undervalued, we could have sold at just short of 18p. On the day of RNS we could have sold for 19.32p. On the following two trading days we could have taken between 19.88 and 19.9. Therefore, at the board's best we have been advised to hang on for a 'significant' 1.1 p. At the worst, hang on for a loss 'until completion of FSP.' Can they justify walking away from this disaster by claiming that the market has nothing to do with them, when they have instructed 'shareholders' to hold onto their' shares' until completion of the FSP. Even if this action is legal, it is morally indefensible.