Member Info for redwineday

I think its more likely that the company will be taken private. Maybe a deal between the Lesotho govt and management. This can explain why Elphick seems not to care about SP level. If he is a buyer the lower the better.

Its about time the BoD did something. Buy back at these prices is buying fivers for a pound.

Nervous PIs being mugged by the MMs. Look at the volumes, it's nothing.

You would think owning 9% of the company he would be more interested in the SP!

VTU is a demonstrably a better managed company . No thieving, no accounting scandal, CEO with big stake on the business, Dividends, share buy backs and expanding the business at the same time. The market is right and its no joke....Lookers BOD were asleep at the wheel.

Savills reporting the return of PCL buyers. Maybe things will look up!

Could be the explanation you are looking for jed

Merger? Would make sense on the basis of their mutual ability to destroy shareholder value!

Interesting PDL being whacked too. Is there some news I have missed?

Indeed its the stock market but what we have here is a BoD that don't seem to understand how it works or more to the point how they can use it to increase the value of the company rather than simply standing as onlookers, if need they are paying any attention at all.

Algos at work. Lets hope its someone driving the price down to buy rather than an II deciding its had enough...

Yep, even if it was sarcasm. Something up here....

Why don't the SA old boys club take this private as clearly the public markets aren't interested

20 shares traded!

Hopefully a buy!

Shandy, good to know you are still in here!

I have resigned myself to believe that they will miss their own broker forecasts for the revenue for the the year. It’s clear GM is emphasising the time it will take to get the payers signed up and the clinicians contacted. Focus seems to be on making the foundations rather than chasing a number. With where they are coming from and COVID problems on top this seems sensible to me.

If I am right then clearly the downside is volatile SP for the foreseeable but on the other hand I much prefer the quieter let’s get in with the he job mentality that I feel rather than TW appearing on proactive every other week but saying nothing and at the same time shredding confidence.

What they could be doing with is Norgine stepping up to the plate and some cash in from markets signing up.

I remain confident longer term. Fundamentals are the same. The product works, FDA and EMA approved, other large markets signed up with more to come I’m sure. Question of when, not if.

Proactive vs dozy.

There will be corporate action here I’m sure. TB will not sit and do nothing. If it gets broken up he could extract 50% upside.

Doubt it. Talking about special divi and then upping the capex doesn't square.

I just noticed Liberium have reduced their target to 100p. 70% of that would be good!

The old boys club needs to be careful. If one of the II's decide to bail there will be carnage here.

Something rum going on. Bid dropped by 1.8p on the back of 2700 quids worth of sells. If my maths is correct over 1.4m worth of market cap gone.

Interests of the BoD are not aligned with the interests of the shareholders.

Time for the II's to eject the Chairman! South African old boys club.....