RE: Spike1 May 2019 19:41
Thras..
You could be right, I wasn’t aiming that he won’t have plans, simply pointing out is not 100%. We have to bear in mind, none of his shares were bought open market, so that for me (and it’s only my personal view) means he could quite as easily seem a quick investment opportunity (an alternative view, yes).
I think renaming is just a fluff, nice touch, but will
Have no effect on the share
As I have repeatedly stated, I believe it may have legs, just not now as most like to allude to, making silly short term predictions.
I agree, there are a few options, but the CURRENT facts today are...
- loss making company over £1mil
- no potential of cash income to profit on the balance sheet until at least 2020
- high cash burn
- Sheik didn’t buy open market
So, an alternative question would be why didn’t he buy open market if he was so keen on the company? Why did he wait and take shares so cheap with a company on its knees? How much real influence will he have?
Many questions and for those facts it’s best to sit and wait until it unfolds
But you make some interesting points :) GL