RE: shame12 Apr 2021 09:36
I think the share price reflects exactly the level of confidence in the company at this time.
The BOD are clearly good business men, but they have made mistakes in managing expectations over the FSP, plus of course the infamous 27M shares debacle. In my view they haven't been as clear as they could be about intentions and that is being spun by LTH's as playing their cards well and close to their chests. That could be true, but they could also be out of their depth. Time will tell.
I actually think the latest RNS's were pretty positive, but they still don't convey clear messaging about the companies direction, just more cryptic words which leave lots open to interpretation. That to me, can be read as playing for time or playing a good game. Again, time will tell, but the share price always reflects investor confidence. This is a medium term game now in my humble guess.