RE: Back to business....18 Oct 2022 10:28
I’ve been invested here for some years. Unfortunately significantly increased my holding this Spring and held since (sometimes with gritted teeth). I follow this board with interest and am grateful for insights and opposing views. Haven’t posted before as I’m no expert and am from a different field.
My confusion at the moment is that I struggle to understand why the share price hasn’t rebounded since the merger RNS.
There are more specific rumours now than earlier in the year about extra interested majors eg Matsui. Presumably the merger would simplify a bid for the whole. We’ve calmed fears about being able to raise funds to continue in the short term at least.
Is the difference in share price between now and the peak in March mainly due to concerns about the global economy? Or other specific factors I’m missing here. Has the approach of SOLG management in the last 6-12 months just undermined confidence in their competence or their credibility?
Really appreciate all your views and the fact that they can vary! Would be really interested to know what people think. Thanks