Of course they turned it down. They were having a whale of a time at our expense. 6p was worth nothing to them as they had no skin in the game really. I wonder what their expense tabs look like! Scary that in the modern technological world this like this seem to be allowed to happen unchecked. I honestly believed that following the Tencent Poker debacle, the authorities should have looked into this. It was clearly done for manipulation and we clearly in the public realm. I would also like to see some of the communication records of some specific individuals on Social media as well. Their day of reckoning will come and when it does and honest people win I will be the first to stand up and clap.
I have to admire you’re persistence in excuse making. It really is admirable. The reason is, there is about 1.8 million pounds worth of shares (yup almost a quarter of the company) on the book to be sold. Whether you like it or not. There will be converted at .5 at this stage. Continue with the false positivity though as it does momentarily give me hope and then I use my brain. Good luck all to whatever their imagination would like brought to them.
Another drop in the shorts today. 6% now which is a huge drop from where we were. Axxion seeling yesterday in low volume seems to be the reason for the drop. Might be doing more of it today. Not sure why they are though.
Because they are no where near clearing what needs to be cleared. PI's will have to stump up almost 2 million now to cover Atlas and the MYPay share unfortunately. The other "mystery holder" that was going to buying us out at 8p must be laughing ;)
There is absolutely nothing positive in any way about it I'm afraid. Also I don't think anyone bought them. We had someone on today saying there was a MM aggressively trading it to clear an overhang. Looks like this was true. It is muggy punters that are buying them and that is why there is no uplift in the SP. Wake up guys.
If anyone seriously thinks this morning was a good performance they must be off their rockers. Anyone who thinks MyPay selling at half the price they got them for is kidding themselves. I have no resided to the fact that we are on a slippery slope and I don't see any further way up. 85% down now. I'm at a loss to say anything else to be honest.