Only reason I comment is because this has been in the doldrums throughout zero percent interest rates. One set of above average results and an imminent recession doesn’t strike me as an opportune time for this to rise 150% in 3 months for almost no reason
I would agree with that fwiw. However they stated they would not raise, they also stated they would buy shares and that amounted to token gestures. Regarding financials I’m not saying there isn’t potential but they should have better highlighted what’s in the pipeline. Nothing in todays statement read positive, no idea how they expected market to react other than negatively
I got out at a loss a while back. Actually felt that Iain Ross guy would come up with something. He last stated he would buy shares and do deals and would not be looking to raise capital. Not what todays update says. Dishonest imo and the company are a joke
Pretty sure Ken Griffin is a hardcore shorter fund. Is this good?