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In all an excellent week even though there was some profit taking today ... and soon we'lll be rid of Riverfort ... not too soon either ... the only downside is the BB has become like a scene from "one flew over the cuckoo's nest" ... LH&K Mafuta
The report suggests that we are well undervalued ... well done Sherlock
Founded in 1796, Lombard Odier is the oldest private bank in Geneva and one of the largest in Switzerland and in Europe ... sounds good to me. LH&K Mafuta
With the greatest of respect to all those who have asked questions on this ... And they are very valid and important questions that need to be answered ... Isn't this something we should be asking the BOD to answer? LH&K Mafuta
But DYOR:
https://uk.investing.com/analysis/sareum-holdings-a-decisive-period-ahead-for-sdc1801-200604323
LH&K Mafuta
Announced Traded Action Notifier Price Currency Amount Holding
04-Apr-24 28-Mar-24 Buy Clive Birch 10.00 GBX 45,000 44,597
04-Apr-24 28-Mar-24 Buy Stephen Parker 10.00 GBX 100,000 216,160
04-Apr-24 28-Mar-24 Buy Timothy J Mitchell 10.00 GBX 50,000 1,082,561
Tim seems to have most skin in the game, but Clives, are much less than what I hold ... still these guys must be SP sensitive.
Let's see what the next few weeks hold ... I think we can expect some announcement on results soon (once they pay the trail vendor that is) ... LH&K Mafuta
On 22 Mar 2024 at 15:59 I posted: “I find the reasons for RGO suspension a bit more than a tad interesting ...”
The reason I found this interesting is the fact that they and PH have systematically driven SARs SP down, and I felt they had the ambition to reverse into SAR and get our assets for a song ... hence another reason for all the “boiler room” activity of late … call me a conspiracy theorist if you like … but the quicker we get rid of RF and their cohorts PH the better … LH&K Mafuta
Since there was no ceiling mentioned in the WRAP retail offer extension I would assume the BOD decided to give the full allocation to everyone (subject to confirmation) ... now BOD take a wake up call from your PIs and get rid of PH and RF ... Getting in bed with them has been a dreadful mistake ... And I hope none of you took a sweetener to do those deals ... LH&K Mafuta
Of the £1.12m raised from the WRAP Retail Offer, £10,000 is from a director of the Company (as previously committed in the announcement on 28 March) and £50,000 is additional interest from an institutional investor on the placing book, which WRAP has agreed to settle.