RE: JOKE13 Feb 2021 16:41
EricDraven - It's a bit of an over the top response from you, don't you think? Top Share Picks has a right to his opinions as an investor and he shouldn't need to simply sell up if he feels disgruntled with the way the BEM board is working. That's what share owning democracies are all about. Shareholders have rights. Tbh, I'd have thought you'd respect TSP's view a lot more. From what I can make out, you've invested a sizeable part of your pension in the company - and you risk losing out a considerable slice of what you have been working for all your life if the company doesn't deliver, losing out a lot more than many other small investors here. BEM has bucked the trend in holding a degree of value in all these years compared to many similar small m&e businesses because of long term holders (such as yourself, myself and others) not selling out, something we are all doing because of our belief in the realisation of Kallak as an asset. Kurt's on a roll with the cut of shareholder he's managed to get, and he's even managed to raise more and more cash out of them to build a company. So he owes us to try everything. And that includes treating this not as needing to wait for a process to complete but as a conflict of interests that requires imaginative thinking, outside the usual scope of a small cap m&e business. Let's face it, Kallak is the glue that is holding the company together and if there is a rejection, well, you can kiss your pension pot goodbye. Regardless of what your personal views are of the other assets, I can guarantee that the majority of shareholders, and the market, are holding for Kallak only. With a rejection, there won't be as easy access to fund raising anymore and the company will be trading at the 0.25p level if that. Frankly anything that can make it work, I would have imagined, would be welcome, not least by you. We're all frustrated by the lack of progress, some choose to simply sit back and wait, whilst others seek a more active posture. TSP is right to be frustrated and you should recognise that.