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Really nothing to do with the EUA management anymore, the ownership of the shares is irrelevant with regards to the purposes of selling the company assets. All this does is reduce speculation about the shares being sold for several more months. Good news in my eyes. Thanks for the info.
Rayski, I think I'm realising that. I'll just hold / buy more because I want to, and I'll leave it at that.
Mr Wolfe will not convince me otherwise, and whatever his agenda is, makes me want to buy more.
Ofcourse, no legal obligation but that's not what I said. RNS 7 December 2023 "The Company has prioritised the sale of its Russian assets and, as advised in the Company's 19 September Interim Results statement, this workstream remains the main focus of Eurasia's senior executive team." The BOD will ultimately need to address the primary objective of the senior executive team and make clear the intentions of the company moving forwards. When that will be who knows. I'm guessing you are not invested and considering a short then?
Wolfe please tell me what part of that is factually incorrect?
RNS 7 December 2023 "It is important to emphasise that, despite the now extended timeline, active discussions are maintained with counterparties based in Hong Kong and Russia, but as yet no terms have been agreed and, as ever, there can be no guarantee that Eurasia will enter into binding agreements."
Shares, your guess is as good as ours, none of us are privy to that info , all we can go off is the information provided by RNS, which states that various parties are still at the table (and if this isn't the case then it would need to be RNSed). All we are doing is weighing up the likelihood of a sale, the market has appropriately devalued the company given the unknowns, however I believe that devaluing has been overdone given the underlying value of our tier 1 asset and the fact conversations remain ongoing. If you aren't happy with the state of play then there is nothing forcing you to be here if you are invested, or not. If you think the company is not undervalued enough you can put a short on but risk getting "Jubbed".
Exactly that Muffin, what are these people trying to convince us of? You either believe what's in the RNSs or you don't, it's as simple as that. If you are convinced the company's assets will not sell, what are you still hanging about this board for? The BODs payday (and retirement for CS) will be when this is sold, whatever that price may be.
That's the risk you take. You can't discuss details of an ongoing sales process when there are NDAs with prospective buyers, it's as simple as that. As frustrating as the unanswered questions are. At the end of the process, whenever that might be, all that matters will be if you are in, or out.
That's fine, but I don't see why there should be any correlation between the share price and the likelihood of an ASSET sale. The shares are sticky at these prices, you've just witnessed a 20% rise off the back of a few million shares being traded (which is why a "just buy the company" would never happen). The BOD's interests are very much aligned with other shareholders. Unlike many AIM companies, the BOD remains invested and focussed on the sales process.