RE: the question now is....12 Jul 2019 13:37
In reply to your question earlier, Cheeselets: all the news items we have had in the past few months have been reasonably positive at best, and looking towards a payday in the undefined future sometime in the main; what we are conspicuously lacking is the sort of money-on-the-table news that everyone agrees is good news.
We haven't had the updated NAV yet, nor any guidance from Mellon or Abony as to the most current strategic plan, although thanks to Doggie and Matador we have a fair idea of elements of it. The consensus seems to be that NAV will come in at something over 12p/share, and I suspect MMs are hanging fire, while letting the SP slip slowly as result of impatient and short-term holders, until we have some definitive news. Remember, just two weeks ago we moved from 6.50p to 10p, largely, in my opinion, as result of MM trading on very little concrete news. With a fair wind, we could see the next leg up quite soon if results are good, and other news is timely.