RE: Tired13 Jul 2020 13:22
Let’s separate fact from fiction here.
Facts:
JB is selling 1% per day, therefore predictable that the SP will swing daily
Insiders are buying, either as LTIs or straight buys
A bid to purchase near 20p was declined
FCA has issues with lenders ability to pay - Cost of this is expected to be north of 35M, and remains a risk
Cash in bank greatly offsets net debt, co claims it has more than adequate cash flow to manage.
A sale fell through and we are told presently there are no other buyers
The previously very successful CEO has returned
Price was formally a 52wk high of 184
Fiction
It will go up to 20 30 40 etc, who knows. This is a guess even for insiders
This will be down to 5p this week. Same.
JB will buy, this is speculating and worst case manipulation
There will be an RNS this week today (outside of the 1%) again speculation unless coming from an insider.
Have I missed anything?