RE: Share Price4 May 2021 15:22
My other big holding is a SA company where the workers have gone on non-union approved strikes twice in 2 years, where the officials are corrupt and there has been a massive institutional seller offloading shares suppressing the price for over 2 years. So yes, avyererdowt, INFA is like a walk in the park compared to that. UK company with good management, smart acquisitions, a large pipeline of tendering, some of which we will win, maiden revenues made and cash break-even on the way, ML on the way, what's not to like? Do you really think that's existence on a "Knife edge"? A company which is expecting to break even this year?
I took part in the last placing, and I suspect I might take up a small amount once again. JW has pulled a rabbit out of the hat more than once with his highly successful moves in competitive bids for these assets. We took over H&W, the engineering firm that built the titanic, in the face of significant global competition from other bidders, which has diversified us from just a salt cavern that has yet to be built, into a big player in the UK shipbuilding industry which we expect to be bolstered due to brexit.
How anyone can be more upset than pleased, I don't know. Yes it's true that nobody likes placings, but we are not a mining exploration company which does a placing every year, they will end at a point.