Nobody has their “own” BB, this is a public board where anyone can comment. I’m minded to keep commenting, especially to warn any newbies that might get sucked in by the ramblings of the sect.
Oh dear. Best stick your head in the sand tomorrow and hope that nobody notices how bad the results will be (assuming they are published). Expect the revalation will be how much the crooks have siphoned out of the company.
I see Frankhauser getting his excuses in before the investigation. Trying to claim that when the banks demanded the extra £200 million a month before it was disclosed to shareholders that it was merely a “point of debate”. He also says “i threw everything of me into it for the last three months. I don’t think we as a company did anything wrong”. Yeah right, the dog ate all my homework! Hopefully karma will catch up with this bunch of incompetent idiots.
More that the Board were too busy working out how to con shareholders and syphoning even more shareholders cash into their own pockets. That’s the basic problem here. Breathtaking crookedness.
The 12 month rule applies if someone builds a stake of over 30%
“Where a bidder is interested in shares carrying 30% or more of the target’s voting share rights, the bidder must make a mandatory offer in cash at no less than the highest price paid during the preceding 12 months (often referred to as a "Rule 9 offer"). Mandatory offers can only be conditional on the bidder receiving acceptances that, together with any shares already held or acquired during the offer, would give the bidder and its concert parties more than 50% of the voting rights. As such, bidders cannot rely on other conditions to protect themselves.”
You know that isn’t true. Jimdson was clearly trying to deflect attention away from what is quite a negative article; clearly way overexposed by the looks of it. It helps to have a clear head when you are investing and you need to look at the positives and the negatives.
PS thanks for posting it jarv55, interesting reading. Big takeaway from that is that if you smell a rat it’s likely to have some substance behind it. Anyone selling up when that happened could have sold for £30 a share and saved themselves from an over 90% drop.
Jarv55 is a well respected technical analyst and she has given brilliant advice to private investors on a number of these boards as well a bringing first class research. Sarcasm is one thing, but Being a bad mannered jumped up control freak is quite another. Anyone listening to your advice and acting on it has lost serious money.