RE: Still here17 Jan 2019 20:47
As I see it, it was the MM’s who dropped the bid. They dropped it by an amount of around what they where asking for in the RNS 10 million or so, which I believe is around 30%, which is what we saw.
I do believe it will come good but we are going to need around a Year in my book. I don’t know if they could sell the low quality stuff they have made to at least bring cash in.
Odey would have been given wind of these problems a while back, he is the major share holder and as far as I can tell he has not sold.
GLA