RE: Swiss Tax Year 31/12/207 Dec 2020 20:02
Where do I start with that!
I expect a conversion RNS tomorrow, he doesn't have to convert the entire holding he has 16,666,666 and 2.500,000 he can still convert, today's sale being 5,166,667 so I suspect he will convert to leave one shy of 14 million remaining.
I have posted more than once not to expect sales news until end of first quarter next year even that will be a few weeks figures so I am expecting September for the real sales news that will prove the pudding.
The timing is fine if a little surprising, he is converting at nearly 100% SP gain and has held the CLN's for years he can't hold forever!
He has not taken the SP from 22p to 9p I am not going to even explain why, you know that is just irate accusations as you are under water here.
The company has great products and I see a very bright future here regardless of the muck being thrown today, yes it was earlier than I expected too but who knows the personal situation of Trevor's health e.g.
Short term news and long term hold in my opinion and as I have always said openly, come back in September and tell me I was wrong and if I am then that's the chance you take when investing.