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Just a thought...
Given our current value with an amount (hopefully) still of several million cash, this puts us on a similar par with a SPAC?
It just sprung to me as a comparison with some of my other holdings, which until an RTO etc are holding a very similar position.
Just trying to justify my current holding vs risk. I think this may bounce at 1.0 plus for some time...which looking back is much better than I was first concerned with waiting for the deal/no deal.
It doesn't boost my confidence in the board unfortunately, but for now leaves me happy to leave my money in.
Just my ramblings on a Friday night..
GLA
I agree.
This is one of my investments that I'm totally relaxed on.
Drifting on news is completely normal...but it has strong support here, not least because of the directors purchases.
I think I saw it hit 1.85 today, and had I had some free funds would have added a little more. We may find it drifts into the 1.80's a few times again, but I expect people to snap up shares at those prices at the moment.
I'm not holding my breath on updates.. they will come when required, but there is nothing to worry about at this value right now. Looking forward to this journey very much.
The point of the RNS was to inform people of the completion of disposal. The rest of it is an update on position - no change.
The price will dump...then recover when the bed wetters have sold
Not sure what I'm more surprised at...lack of posts or the rise in SP :-)
We're going to sit at around the price that the directors bought for... which is a good thing.
I'll keep topping up at every dip, and getting my average down.
Hopefully they will keep us updated on any progress, and long term we will see the fruit.
Been in here a while now. So much speculation now.
Whether it's sale or mine - the value of Eurasia speaks for itself.
Now the Japanese side is a real curveball - and positive. These guys don't get involved for random quick bucks.
Japan looks big picture and ahead of the game, and quality investment.
It may not be the quick buck that most people want (it also might be!), but it is absolutely guaranteed that this is absolutely enormous long term.
Hold, and win
Top up day today again I think!
Added twice this morning already.
GLA
Top up on any dips. Price is pretty stable at the moment and that was only a £5k transaction.. won't have any effect.
Friday today so may have a few more sellers but that makes a good day for buying if you're happy to sit in and wait for a deal.
I am and maybe top up a bit more today.
Good luck all.
To be fair I am surprised the price held as much as it has. I'm also relieved of course!
I will keep hold of mine. It will be a case of leave it sat there now. See where we are in 6 months +
Might average down a bit... see how this settles first....
blaustein
"Business, Russian-style. The transfer of state-owned assets into private hands at a knock-down price. Good deal for Eurasia - or rather, those who will ultimately control its assets. The EUA BoD IMO lack the necessary clout to have achieved this on their own - more to come, doubtless"
This actually makes a lot of sense... sell it off cheap because you know you're still going to end up owning it!
Intothedeep
Yes same here. Not invested atm but been watching recently. Interesting to see how this plays out.
The following is all I could find after a quick search, as I was also interested in when they could buy shares......
"Directors and other PDMRs must not deal in shares during a ‘close period’, that is the period of 60 days before the announcement of annual results or the publication of the annual report (or, if shorter, the period from the end of the financial year to the announcement or publication). In the case of half-year results, it is the time between the end of the half year and the date of publication. If a company reports quarterly, the close period is 30 days before each announcement or, if shorter, the period between the end of the quarter and publication. (The same restriction does not apply to the company’s interim management statement, though a cautious approach would impose a similar 30-day ban on dealing.)
This is a simple prohibition: it is taken as read that, during those periods when financial results are being prepared, senior personnel are likely to have price-sensitive information.
Outside those periods, directors and other PDMRs are still prohibited from dealing if there is undisclosed inside information. (See: Disclosure of price-sensitive information, an OUT-LAW guide.) This might be news of a possible takeover, a significant share issue or a big contract win or loss"
I think their purchase is based on how confident they are on the API being approved, and then building their business...they know once this kicks off they won't get a better price than this... and they're confident this will happen soon
Just my opinion of course :-)
Genuinely excited by this company
At 2p. So there's your baseline. They don't expect it to go anywhere but upwards from there.
CEKIM & BarneyR. Agreed. Losing any confidence I vaguely had now. Considering baling on this now too.
Doesn't take much to keep shareholders in the loop really does it.
They are either:
1_ Very busy concluding a deal
2..Very busy with other stuff
3..Wondering how to let everyone down gently
4..Have forgotten they run a company
5..Have forgotten they run a company with shareholders
6..Have done a runner
;-)
Hopefully number 1 :-D
GLA - whichever way you play it :-)