RE: Hammering6 Mar 2020 23:13
I got out with 10X bagger the day the PMO farm in was released. I had never heard of them, when I looked at them they didn't appear to have the money. I was immediately shouted down for saying so. Even as the market reacted by dumping RKH, the rampers were rife. I left a few in and bought at 92p, thinking it would still go ahead at some point. I wasn't too bothered when it got to 50p, again thinking positive and the magic RNS would come. But things just are against this now, I regret not bailing out ~45p a while back. It was luck I sold at a profit, if I had listened to the rampers I would be sitting on a huge loss now. I was tempted to keep faith by all the ramping. Glad the niggle about PMOs debt didn't leave my mind.
Some major signals that the BOD knew this was toast years ago was several directors leaving and then Fiona, RKH BOD knew then the writing was was on the wall and this was in deep $hit. Ever since I feel Sam has been thinking of his pay packet and paying his mortgage off. There hasn't been any decent director buys for many many years and when they fail the "incentive plan" they just launch a new one, keep spouting the same **** at the AGM and then get another years wage from the dwindling bank balance. BOD should be in jail imho.