If it's worth $39m then surely someone would give us £2m for it, 0.8 a share or there about, would snatch their hands off. The new buyers could grow turnips and turn it into a viable business.
Hasn't commented on here for a while. Seems a bit strange. Not added for a while either. Could be on holiday I suppose. Or possibly on radio silence before the AGM.
Well when the main buyer identifies his buys by the rules and all that happens is the SP falls continuously due to an anonymous party that the company seems unable or unwilling to identify it does fill the average punter with confidence. And that's putting it lightly.
Well at 0.23 on the bid I don't think there's a single person that believes its going to go "smoothly". The SP response basically says "don't believe you".
To add to the tens of thousands of pounds worth (probably nearer £150k) of unreported sells from the undeclared major holder. Cant make the agm and no point submitting an email as I think we all know how keen the company is to solve this "mystery".
Telling everyone this is going to 2p and looking at this happening, which was successfully predicted by a few more switched on investors. How stupid you must fee. Cost some folk a lot of money listening to poor advice.
Sadly for the hate riven LTI who is a bit obsessed here there are clear indication the sell off is now over and we can head back up fairly quickly. Timed it a bit wrong so need to get back to the 3.50 range to feel happy here but about a week should do it. I honestly hope the bounce back up doesn't mess too much with folks wellbeing.