RE: Late rise24 Feb 2024 14:59
Hello,
I agree the removal of the video was strange. No reason that I can see as it was all positive and had a lot of information that strengthened my assessment and I added as a result! No breach of confidentiality that I could see as I considered that.
The release of the letter to shareholders in a low key way was also odd. Previously done by RNS except for this one. Also missing is the follow up to the resubmission of PRDD. They have previously reported applications and decisions via RNS and/or twitter. Radio silence this time. The RNS regarding the admin error says that they will aim to resubmit by the following Friday, but not confirmed.
If I put my best tinfoil hat on, I may see a scenario in which it was in someone’s interest to restrict the flow of positive news to allow the share price to drift downward. Just a thought and making links that I cannot provenance, which is not good analysis. Yesterday’s interview had all the hallmarks of a rushed attempt to get the wheel on in my opinion, so likely they did not expect the reaction from PI’s.
Trek you described what has happened brilliantly. Thank you as it makes it very clear to me with a non financial background how much we have been shafted. All I would add is the other side of the coin regarding riding the coattails. This episode demonstrates the boards interests. Individual PI’s were obviously not part of the planning process and I cannot see that changing.
Shrek