Shaun Day visit16 May 2023 09:27
All of this uncertainty will/is undermining the share price, as well as putting us back to where we were 3-6 weeks ago - rinse, repeat. So, when SD is here, I don't believe he's announced an actual date yet, some serious questions need to be asked, and no stone left unturned. By quashing the rumours and the way it was done and worded by RNS seems to have only worsened the situation, which shorter's and MM's have pounced on as a sign of weakness, and are exploiting that to the utmost. I also think that NEM announcing that the SoA with NCM being completed as late as Sep/Oct quarter only adds to the fall in the share price, because markets don't like delays. Although, the merger wasn't going to be completed overnight. If I was SD, I would now do an interview to clarify things, and not just rely on a hastily written RNS. In uncertain times, as regards timelines to announce an upgraded MRE, FS and DTM, anything else throwing a potential spanner in the works needs to be dealt with, otherwise the share price will just drift lower until we know for sure what's going on? GLA Greatlanders!