RE: Lots of friends averaging down next week and new buyers will load up.10 Feb 2024 14:37
I wouldn't think that David is going to have any problems selling into a number of buys Monday morning.
CFO'S leaving are generally not well received by the market but after the damage that Ryan has been involved in against shareholders best interest I am sure the market isn't going to take it as a negative.
Something feels strange him leaving now and I would like to think it was a condition of a future event for the company.
Will they survive or go bust.. current share price paints a bleak picture but could this at least provide some encouragement into the lender extensions. VAST have surprisingly been granted extensions, but their debt was secured against shareholder property I believe.
The spike this week is certainly going to create some interest but was it caused by early news of CFO leaving which created a market for the seller to exit faster than many people expected.