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if any large sales come through later, MM's closing their shorts. And talking of shorts take plenty of tissues tomorrow for the board as they will be in tears over the loses they sustained buying in the OO., if in fact they did , which I doubt
What is the CEO going to sell the rest of this worthless company for. Next week or sooner 0.02/3 . It will be a quiet funeral.
Green Wolf. You are right to be worried about EDL. I think one reason MM's have dropped the bid, although it is 15:1 buy sell ratio,is that they are scared of holding any stock when the price plummets after Short gives away the balance of the OO. to one of his pre- arranged cronies. He has milked the company dry and is now grabbing at straws, anything to keep his salary afloat for a few more years. As I have said before the man is more than useless at his job, I have never in 12 years of trading come across a CEO. that treats shareholders with such contempt and sheer rudeness. When EDL. goes down the pan and he sets up some new venture I've no doubt he will lure more lambs to the slaughter. Any future investors in Rufus Short CAVEAT EMPTOR buyer beware. As far as the tender is concerned I believe he could not care less whether we get or not. He is not invested here so it makes no difference to him all he wants is wages, although if by some miracle we should win it will prolong his salary taking, and he will probably give himself a rise for being so clever as to put a letter in the post. What a sad story this company is.
john z doe thanks for the reply. I have already voted via my ii account. The reason I want to attend is to see the people that have lost me a lot of money and to maybe have my 2 pennyworth.
OK thanks for that
As I do not have a share certificate ( held in nominee A/c. ) do you think I will have a problem getting into the meeting. Thanks
Unless there is some game changing news next week to really lift the SP. ( in which case the OO. will be over subscribed ) You might be generous with your 0.08 forecast.
larrygrayson. You could be right,and I hope you are, something smells fishy here. A great opportunity for someone to buy a potential gold mine. However There have been no large sales shown ( they could be of market though ) or any TR 1's. But this is ripe for a takeover.
Why would people average down at 12 when they can average down now for 10. I know the market makers are our our friends but I don't think they will make this dog .20 just so a few traders can do well. Just my take.
value so low now I'm sure if all the posters on here clubbed together we could buy the company. Still full of potential, and wouldn't it be nice to sack the current directors. Anyone fancy owning a coal mine?
for a million shares. Beggars belief
if 1 share will be taken up in the OO. why pay 12 when you can buy at 11 and probably lower as the day progresses. Rufus and co. you have been found out.
Agree 100% with your post. I have never been in a share where the CEO. shows such utter contempt for shareholders. The man has no idea how to run a company. I have no doubt that the production and sales figures are awful , but it is no good burying your head in the sand with the hope everything will turn out OK. He must let the shareholders and the market in general know the position we are in. A very weak man to have in charge, hence the all time lows.
RNS. 1 box ticked, many more to go.
As i have said before this is an AIM. share and by the very nature of the market, spreads are wide. Any one interested in investing will see that the true prices the shares are bought and sold for are usually quite a short spread. As for leaving AIM. for the main market, I don't think the MC. is large enough at present and the shares are doing OK . No need to add extra costs. IMHO. Still a strong buy. Hopefully see nearer 340 in a couple of weeks, who knows?
I admire your optimism larrygrayson. I agree your predictions could be spot on, however been burnt so much on here I will keep my optimism to a bear minimum. Pun intended.
Most of the sells are by penny traders who panic sell, MM's dream of them. The problem here is once the SP. goes down it rarely recovers regardless of the buys.
Most of the sells are by penny traders who panic sell, MM's dream of them. The problem here is once the SP. goes down it rarely recovers regardless of the buys.
old enough. The Dire Straits record Money for nothing, and if you are really old The Tremolos Silence is Golden are a testament to this company. The first record relating to the Chairman, whose sole job as a Chairman is to attract large investors into the company. I haven't seen any large investment here, or am I missing something ? The second record is self explanatory. The most galling thing about this whole situation is that the Board members are still taking their unwarranted salaries. I've nothing against people earning a fair wage , but the treatment that is doled out to shareholders by this crew is contemptible.
post something positive. However already down 15%. MM. just reflecting the uncertainty that this company is in without news. ALL blame can be planted solely at the BOD's. feet. Disgusting way to treat shareholders.