The board are suddenly stumping up their own money in the placing.. Basically it is to gain control and steal the company. Ben Turney would be useful here..
Definitely it's boredom.. It went up 100% since close of the day of the RNS.. And nearly 200% since morning of the RNS. Only natural people take profits.
No it isn't run by draft lol. Lots of people invested. Waiting patiently for news. Prime land in Dubai waiting to be sold.. Dividend expected. Lots of cash in the bank. No chance to dilute.
Tradesonaim that's cool. Many aim companies trade below NAV but difference here is no excess management fee (50k USD a year I think), no chance of dilution ( well at NAV which is good). And the assets they hold aren't investments in companies that are hard to value... It's now two plots of prime Dubai land.. We know land is easy to value..