RE: Depressing22 Jun 2020 18:00
'While the board has been restrained until now in naming the counterparty, it should be noted that they have full confidence in the value of the company and have continued to invest in the company's shares throughout this period,' Peters said.
This quote is from today’s RNS.
Does it mean that the SML have full confidence in SML ?
What I cannot discover is any information about the assets of CV investments. Having read about the activities of Brenda Smith I’d have thought it is safe to assume that SML will receive very little if any damages from CV investments.
JP, it is best to accept the loss and move on .
You still have my full support and confidence.
There will never be a better time to buy SML shares than right now,