RE: Wildstone 4 months on…26 Jun 2025 16:38
While sailing close to the wind as a rule, Mr Bird kinda still stays broadly within AIM rules, I'd guess Jakbal.. perhaps not least because he understands they're pretty flexible and far from rigorously overseen etc, .... So while I'm annoyed with him, I kinda get why he behaves as he does..
(Also why for eg give forward work plans/timelines when whatever timeframes he might give, are - historically - effectively never remotely met.... as well as this curbing his 'freedom' to flip flop from one 'opportunity' to the next in short order on a whim)
More generally, he got carried away with his Bushranger 'marketing' and somewhat made a fool of himself .. and perhaps including xtr.l's nomad clipping the Birds Wings off the back, he's now playing things very low key and cautiously generally this latest go round. Alas, this lack of marketing here now is perhaps contributing to this s/p staying in the dirt on the floor still.. damned if he does and damned it he doesn't, perhaps.
Nonetheless, I must say that the assets he has here now seem impressive to me.... and the s/p seems ludicrously low by comparison to these assets in the round, very especially including the nice Manica income for years forward on top .. so I'm fine with staying patient here.
PS; I'm surprised the last Silver King RNS didn't rally this up towards 1.5p .. but there were a few size longtermers selling punchily into the up momentum, thus killing that rally promptly, alas.. (long term holders selling at 1 p ish here/NOW surprised me A LOT .... but each to their own)