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Link to article, a very good read.
https://twitter.com/shareGBP/status/1652561811953139714?t=WkNNBBgiUxm0qYNnThn7Wg&s=19
I wish I wasn't so far in the red that I could laugh at those still being positive about this absolute dross. BODs have failed to deliver and sadly everything the so called derampers have said has come to fruition. A complete shambles, only positive is I'm not on the TG group to see everyone high fiving about the share price having so much potential
A dire trading update 12 hours after a RNS where the holder now owns less than 1%. It stinks. On top of that it has no way of knowing how many units it's selling so how does it know which particular product is doing well. I thought the 6.30pm RNS was bad, this beats it hands down.
Vas, looks like the market has already assumed the worst, we're down almost 30% in two days. The Sunday roast podcast summed it up perfectly, its covered from around 35 minutes, a good 5 minute discussion around the BOD, the company, their comms and total disregard for shareholders. The lack of updates on numbers is destroying the share price and is a shorters dream.
I hope you are right, if so the SP will recover, I still think the BOD should have provided an upbeat update, the one you describe would more than do the trick. I'll happy hold my hands up if JS has increased his holding.
Can't stand how TW operates and would like nothing more for CHILL to be his undoing. LK, your replies to him on Twitter a few weeks back were brilliant, cutting and very funny.
It's not just 3.75m today, same happened last week with two huge sales well below the SP at the time of the sale and not showing until after 4.30. The difference today is the SP recovered. Not many holders with that number of shares, said it a couple of weeks back, I'll be amazed if John Story still holds over 10%. And I know a TR1 would be required but we've seen Spreadex not report changes in holdings in a timely manner a few months ago.
Shame my reply to Vas from this morning has been deleted along with all the others as I said it was nailed on that the large drop in SP was due to huge sales that would show after hours at lower than the SP at the time. Sure enough two huge sales just after 10am for 17.5p. Wasn't expecting the recovery or the million pound buy late on that's showing as UT. Good to see the recovery in the SP, the seller must have some holding and hope they are now done.
How anyone can make smug and make unnecessary comments about posters not always positive about this share is beyond me. Yes it's good to see it go up today but the share price is 21.5p, that's near enough half we were only a few weeks ago after the disastrous 6.29pm RNS, less than a fifth of the year high and way below what I was expecting it to be at this stage. There's a significant red flag here and that's the missing forward looking statements. If they were anywhere near decent they'd have been announced by now as other good news has been RNS'd over the last few days, the addition of strategic advisers for example. I'm relieved it's gone up today and hope it can be sustained over the next week.
Share price continues to plummet and the blind faith continues unabated, find it hard to see how anyone can maintain the level of enthusiasm when we're heading back to the days of share prices lower than when we were HNR, I thought those days were long gone, sadly it looks like I was wrong.
Do you post these types of messages to get a response or are you saying drops of less than 1p in a day should be now seen as good day? It's a week today since the awful after hours RNS and the share price needs to go up 50 per cent to get back to the closing price of that day. Can't see it happening today without a barnstorming RNS, I won't hold my breath for that one.
I'll be amazed if John Storey still holds over 10%, there's been some huge trades and they must be sells otherwise the share price wouldn't have headed south by much as it has. There's not many holders with the number of shares to do that. Hope I'm wrong and he's still holding but highly unlikely in my view. We've also seen Spreadex significantly delay releasing changes to his holdings so wouldn't be surprised to see a TR1 this week confirming he has sold a significant chunk.
Barn, appreciate your enthusiasm, however this doesn't temper the awful timing of the RNS and that most companies would include after close commentary with how the last few months have gone. We were promised quarterly sales updates, most expected this early July, still not been released. A 20% drop today sums up how badly received the results have been, made worse by releasing them late last night.
Well they achieved the promised 31st August date however nobody can tell me they were still working on something all day today that meant the results couldn't be released at 7am this morning like most professional companies would do. Releasing them at no ones watching o'clock is never great.