Member Info for Punter21

I really do not think so. The original RNS was very clear that the director had apparently broken both the insider dealing and the internal dealing code of the company. These charges cannot be brushed under the carpet and are a sackable offence before the authorities have their pound of flesh. I think we will hear very soon and he will be gone.

Only when Boughtwood is booted out and the board clean up their act.

No, Boughtwood never has been. Traditionally it is the ceo and CFO who are named.

What makes you think that? The Met Office?

I for one will be only happy with his immediate sacking and being stripped of any incentive package that he may have and then face the music with the authorities. That will be small consolation for the value that he and his wife have destroyed in the business. He is no stranger to the court room. Take a look at https://vlex.co.uk/vid/oak-investment-partners-xii-793708185#:~:text=The%20judge%20held%20that%20Oak,conduct%20did%20unfairly%20prejudice%20Oak. He almost destroyed his last business. We need to be reassured that his share dealings have not caused irreparable damage to this one.

Out yesterday. Target price 0.25p upside 127%

Until there is a root and branch credible result here there will always be a climate of suspicion regarding Boughtwood and whoever else was involved. Once this is published and he faces the music then we can move on and realise the company’s potential. But not until.

Not a chance Warrie.

Hopefully we shall see the back of Boughtwood next week and we can all move on. Lots to do and exciting times ahead.

Sort of right Andy. The company’s lawyer needs to offer an opinion and the board will decide in the light of that opinion. Yes, it should have been reported to the FCA who will want to see the lawyers opinion before taking this further. However, all directors of quoted companies sign a document stating that they understand the insider rules, which cover them and their immediate family, and will abide by them. They are also bound by the company’s corporate governance code, which will state that all requests for directors dealing have to be pre cleared by a board member, normally the ceo or chairman. From what we seem to be being told that did not happen, which could make matters worse as the director in question may have been in possession of price sensitive information which would have precluded him from dealing in any event.

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It is crystal clear. He has broken the law and must go. Now.

Eventually.

It isn’t 10%. Someone was double counting. It is 4.88% as per the RNS unless they have bought more in the aftermarket

Because the Boughtwood issue has not been resolved. Selling will continue until it has.

Yes, I am very largely invested.

Not an obsession. I have a strong moral compass.

I certainly hope so. No offence meant duster but he cannot get away with it. He has cost us all, and the company, a lot of money.

As I said. Illiterate. And we’ll add stupid to the list.

You really are clueless as well as illiterate. I have a very large position in this stock and am very happy with it. What I am not happy about is corruption at board level.

You will only make money if you can trust the directors to behave within the law, for shareholders benefit and not just their own.

It is the same. FFS.