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888,048 voted against
A Russian Investment Company was happy to buy them all.
What does that tell us when they were willing to pay 29p for all of them.
Instead of looking at the negative in that he sold which most must be doing to have a price as low at it is, this is actually a massive positive.
Realistically price should be 32p-35p even without news
If he had sold and it had been in dribs and drabs to us small investors it may be seen as a negative, but a top Russian Investment Company pays 29p. This has actually made a sale even more likely in my opinion.
Topping up below 29p
It's all a game when all said and done.
There are those that provide the factual information we all appreciate.
There are those that ramp.
There are those that deramp.
It's all a choice when all said and done which we all have.
Like many long termers I believe the sale will come and it will be much higher than it is today.
Everyone wants to make money as quick as possible, but in some instances patience can be key to getting what you want.
Stay safe and as Warren Buffet says remember the stock market is a device for transferring money from the impatient to the patient.
Post excellent from Graeme Todd -
As the world waits for us to turn on our machine global interest grows daily.
Good to see our mask reported last week in Italy, Spain, Turkey, Bulgaria and the USA.
https://twitter.com/OfficialMasonA/status/1346441397033959424/photo/1
Mason on twitter posted yesterday. Perfect to show the trend of EUA share price over the last year.
It looks like were primed for next leg up. Were right at the bottom of the uptrend channel.
All released RNS's since July have omitted the following statement. Good enough for me to think that some sort of transaction will take place. Full sale, part sale or joint venture.
There can be no certainty that an offer will be made, nor as to the terms on which any offer will be made.
2 x RNS from July both stating that there may not be a sale or any kind of transaction. These have disappeared in recent RNS's. I wonder why that is - maybe already agreed in principle.
1st July
The Takeover Panel has granted a dispensation from the requirements of Rules 2.4(a), 2.4(b) and 2.6(a) of the Takeover Code such that any interested party participating in the formal sale process will not be required to be publicly identified as a result of this announcement and will not be subject to the 28 day deadline referred to in Rule 2.6(a) of the Takeover Code for so long as it is participating in the formal sale process. Following this announcement, the Company is now considered to be in an "offer period" as defined in the Takeover Code, and the dealing disclosure requirements listed below will apply.
There can be no certainty that an offer will be made, nor as to the terms on which any offer will be made.
Thu, 9th Jul 2020 07:00
There can be no guarantee that any transaction, regarding either a sale of the Company or particular asset(s), will occur.
Do we all remember the last minute RNS confirming our new Nomad. People were saying it's a scam and we are delisting.
Patience is key. We have no control of when the DFS arrives and if delayed more than likely due to Covid.
The company so far have delivered everything promised and have given us no reason to doubt the end result.
Keep the faith and 2021 will be mega.