RE: Update in the morning31 May 2022 18:36
Pick a side for once Guzzler.
I've seen tennis matches with less back and forth than your constant positive/negative swings!
There's been no playing of any fiddles from the BoD here I don't think. As I've stated before here and on other platforms, there was an opportunity and the BoD decided to take it. That opportunity cost money and the BoD decided not to burn existing reserves but to generate it from a placing.
Yes, I agree the timing of this occurring wasn't the best but at the same time neither the BoD, the company, its investors, Gfin or anyone else for that matter had any form of control there. You seem to expect the BoD to simply pull magical news out of thin air. Wake up bud and understand business just doesn't work like that. If you don't like the shape of it, sell up and take you whinging with you. It's as simple as that.
For the less volatile/more rational of readers, I still see huge intrinsic value here. I agree that in that I would have expected the Gfin updates out sooner than now but again, if its Gfin, legals or the sheer complexity of the agreement holding things up then there's nothing we can do there. For me, given how active we know the BoD are and how often they have gone out of their way to update us, I see this current quiet period as a massive plus. This means something is happening. Whether it's one massive thing or a number of decent contracts, I have no idea but this silence is convincing me that news is coming, more than just rev related and that it's going to be a biggie.
No insider BS, just reading what I'm seeing in front of me.