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Excellent info, thanks for that too! I think the points you make are very pertinent and helps make sense of where the sp is. According to the Telegraph there will be an update on Thursday � it's not mentioned here, but if correct then it will be interesting to see what the latest news is.

Thanks for that adv11. I agree with what you say re them keeping money for growth � it does certainly make sense from a running a company point of view. I was wondering if this was the reason for the share price drop, since the company itself seems to be doing well.

Can someone clarify for me please? Am I reading the scrip scheme right: seems that every time a dividend is paid more shares will enter the market, thus diluting the value of the shares � assuming people sign up to receive their divs in this way. Doesn't sound right, have I got wrong end of stick? Thanks for any help/explanation.

So far so good I would say: I tendered a few but kept most of my holding. I was concerned that it might just dive after the tender and the sale of Vamousse. I'm hoping the fact that the share price has held is a good sign? The tendered shares are officially wiped on the 8th (I think they said) so fingers crossed.

The deadline to do anything with my shares is now passed at Hargreaves! Good luck to all in the next few days... and beyond.

Okay, take your point. thanks for link.

Has anyone got their forms yet for voting? Do us mortals even get a vote? I am with Hargreaves and they said they will organise/ issue details for what to do but haven't heard anything yet and time seems to be passing. I'm not selling but I want my vote if I'm entitled. Thanks for any update you might have.

Investec put them as a buy recently with price of 1.85 against expected profits of 61m: this puts the current price (sadly for me) in the right arena then and hopefully the figures are priced in: if you think that the company is now worth half what it was a year or so ago (re profits) then the price makes sense, arguably it should be a bit higher? It seems to me that panic selling and stop losses are the biggest threat to a stampede downwards. Important to see what they say about the dividend, hopefully it will stay put and that should help hold the sp. Or perhaps I'm in la la land?!

Interview with Bruno on Proactive investors as well.

I agree but Tyratech are only guaranteeing to buy just over half anyone's holdings, maybe some lucky people are quitting while they're ahead. I was hoping/thinking that once Tyratech start buying back the shares at 3p that sets a value at 3p,we might get a rise from there with less shares on the market. But the company still needs to get some deals for the sp to stay there or keep moving up. Still think the potential is great though.

Absolutely agree. The company is doing what they said they would earlier in the year � this should be reassuring?! Thanks to all for comments.

Thanks for your comment. Presumably, by the same token, if people chose not to sell their shares then that would leave Tyratech with quite a considerable amount of capital to use to grow the company. Is that not perhaps a better way to go for all of us?

If shares are bought back by Tyratech does this mean the remaining shares will be worth more by virtue of there being less on the market?