RE: What a week!27 Apr 2024 12:06
Lloyd, why would the funder be revealed? They’ve sold most of their shares already, made their profit and will want to avoid having to submit a TR1
It was a shabby move by the BODs and if there is no good news in the next couple of weeks the distrust will only grow. Directors have to finally admit what’s going on and give an accurate picture of the revenue being generated across its various operations. It’s only sowing seeds of doubt that the company won’t come clean on how much or how little is being generated by GS20 Exchange for example. This stock has had big rises and some significant drops. Confirmation of revenue, confirmation of where the company is with regard to FCA approval will only help. Making comms complicated and opaque erodes trust, confidence and sentiment. Time for this company to get its act together with comms once and for all. And no, the corporate update was not what I’m on about. That was a shabby ruse to get the Placing away and knowingly caused huge losses for existing share holders. Nothing for another two weeks and I’ll just write this off. It’s not on AIM but, as I’ve said before, this recent behaviour from the Directors makes me feel that’s exactly how they are treating their shares holders.