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I don’t want to dampen spirits but when directors are permitted to trade there can be no current unpublishable news.
Expect a few quiet months on the news front
Still it’s very encouraging that he has made a substantial purchase I hope that it might encourage other directors to buy too
Do you think the Directors will spend some of their excessive remuneration buying shares at this price to demonstrate their confidence in the Company? Some chance!
I bought in at 1.5p so am down some 95% - so far
And not even details of buy backs of their own shares
Maybe they’re waiting for NYSE to open?
Where are they?
My feeling is that the Company will want the interims to be positive as they will be the last posting before the US listing
I’ve always thought that we could be a takeover target. We are a small company with some proven product but beset with financial problems.
Many of the oil companies are looking to expand into non fossil type businesses and for a relatively small outlay they could become pioneers in tidal energy.
Mind you they would have to pay an 80 times multiple of the current share price for me to break even!
Someone sold 1m shares this morning; maybe he took a profit, reduced his losses, averaged down or simply took the recent rise to get out altogether
Obviously there will be people who are short term investors who will have made a decent profit and who’s to blame them.
I’ve been here for a good few years and plan to stay aboard. Even at the present price I’m still substantially down
At 2.4p, a 52 week low. I hope that’s as far as it goes
Likewise I’m very disappointed with its performance as I felt it had great prospects