The sting in the tail of this arrangement is, of course, that if the $5mn is still outstanding on January 17th 2020, imagine what price the equity conversion will take place at then. It (the Transaction Completion) had better bl00dy well happen this year!
Are you affiliated with a group that would like to see i3e fail, because your continued presence here stinks of something rotten.
Anyone who persists in engaging in negative point-scoring of a share that is facing a tough operational time, reflected equally in a rapidly falling share price, without declaring their financial motivation for being there, is in my mind and many others, a person of "dubious" character. Let's put it like that.
Declare yourself, sir, or just remove yourself from here. I don't respect anyone with ulterior motives on anonymous BBs, and you fit the bill exactly, despite your superficially polite writing style.
Agreed. Gone are the days when a simple BOD cash share purchase will influence sentiment on beaten down AIM shares. PIs have grown up a bit over the years of being legged over. LC still stuck in yesteryear's land.
Yes these are critical legal issues affecting PVR, Exola, Lansdowne, and their respective shareholders. It's just a great pity that PVR either isn't clear about the legal position, at this late stage of proceedings, or, if it has been given a sound legal opinion, why PVR hasn't informed ALL shareholders, publicly.