RE: A stronger share price should give that BOD more confidence02 Aug 2019 22:08
Puss1984 first post and then backed by deramper Soutar, along with Illbetabuck, all trying to save the small PI….LOL!!!! Seriously,do you really think that the amount of volume traded towards the close would leave the SP @9p were sells you're seriously deluded!! The mm's are making a shedload of money out of this. They have buy orders in and are filling them. And for the shorters who are trying to say that The Turk is dumping into the market...how naive. You don't buy a stake only to dump it, there is a reason for it and if you look at the synergies of his other businesses you see where TCG fits in Also with the amount of TCG he now holds you just can't sell that into the market...he is still acquiring stock
SP heading towards 10p very soon and every man and his dog will be buying this, as volume is picking up. Short position was quite high, so they're losing lots of money...do they ride it out, or buy back to close??
Times have changed perhaps since his comments. He didn't know that a billionaire is now scooping up all the stock in a bid to take over the company on the cheap imo…….more upside tomorrow as he buys more. You plan for this, it's not done on a whim and he will have a price target already in place. He plans to outbid the Chinese offer.