RE: Tomorrow1 Oct 2020 20:37
/JB has tweeted he is respecting the result and walking away as it is what the shareholders want.
Hmm. This is awkward, cos I'm slightly disillusioned with JB's strategy at the mo, but individual words have meanings, and after we've dug through sentiment, implications and emotion, we need to isolate those meanings and reflect on what is actually being said.
In response to a tweet asking him to "confirm he is walking away from Amigo for good", he said "I have stepped away."
JB has always been deliberate with his wording. He did not confirm that he had walked away, let alone for good.
Could he justify describing 'selling your 61% share in a company' as 'having stepped away'? Hmm, yes I think he probably could.
I think this suggests he has just stepped aside for a while. Given the following tweets about respecting the shareholder's decision, I would guess at that being his motive. Might there be more drama to come? Possibly.
/The people who voted against him were iis and not us!!!! If the votes were down to people holding shares then JB would have walked it but institutions holding millions of shares have detrimentally affected the result we wanted!!!! GOD KNOWS WHY!!!!!
Ex, I think the voting speaks for itself. Private investors failed to vote in anything like the numbers JB needed.
I don't think he realised quite how many of his shares were in the hands of millions of very small investors, many of whom were new to the market, unfamiliar with voting, and may have felt that their tiny holdings alone wouldn't make any difference to the result.
JB needed to be far more pro-active in rallying these guys together I feel.
I reckon he's off in a cave somewhere, watching a spider trying to build a web.
Sign In
Follow the stocks
