Angus : Your reply reminded me that to have another look at AP`s background . I`m not Linkedin and can`t be bothered to search around but from what I remember : No formal education / qualifications , and a previous "Career" as a property developer in Romania . I thought this little quip from 2010 supported your comment regarding business incompetence :
"Mr. George Prelea / Mr Andrew Prelea President / Chief Executive Officer (South Pacific) 2010-06-08 Click here for more Interviews In Romania Mr. George Prelea / Mr Andrew Prelea George Prelea how would you describe the Romanian resources and potentials? Romania used to be quite a rich country in the region. It is low now because everybody became a businessman. Peasants sold their land and got resources for development. " !
I have to question why there are always so many questions surrounding VAST ? Why are shareholders always trying to see through the gloom of smoke and fog ? Why are there so many issues that require straightforward clear cut answers ? Why have questions raised in the past never been satisfactorily explained ? Why is there so much obfuscation ?
and another question ! Dodge ~~~ Have you sold out again ?
Guys ~~~ My position : I am also seriously adrift here , I am disappointed , I believe I see what`s happened , I haven`t sold a single share , I think this is the floor , I believe in the potential here , I will be buying next week , I will be staying and building for substantial gains into the future . (I hope !) Best of luck to all of you in a similar position !
Now ~~~ We have a distinctly unpleasant individual in our midst . We can`t do much about his dishonourable posting (I don`t filter people ) BUT , we can have a good laugh at some of his stupidity , and we will have the last laugh as this moves beyoynd the placing price : ~~~"Just as a word of warning I have been screen capturing your verbal abuse, name calling, and constant "~~~ Ha Ha Ha Ha Ha hahahahaha ! What good do you think that will do Mike 31 ? It`s certainly not going to enhance your reputation . You will not be winning any prizes in Court . Perhaps if you took a screen shot of your own disruptive , disingenuous , mischief-making posts , sat down and thought about the impact on others , the distrust and anger that you cause , you might get a clue to why so many people on here regard your incessant negative posting totally "unacceptable" . Moron .
I think today was a watershed at the medical center . I looks to me as if : * The Miton fiasco has all but concluded (I hope they don`t buy back!) * The Volumes have tapered away . * The buys/ sells may have started to turn positive . * The price was not walked down this morning . * There was a neutral close to the end of the day . * The mkt cap c. 26m out of line with : * 12M liquid funds , No debt , cash generative . * 16A producing / perhaps improving / perhaps in line with predictions . * 30 Due to spud , analogous to 16 . * Advanced forward plans to be released . * Update on progress soon . * Possible acquisition . * Q&A possibly next week . * PH to be allowed out of the `Dog House` when statements can be verified ~ soon ? ~~~ etc....
We`ve had a very nasty dose of Diarrhoea , but once cleaned out the patient always feels very much better ! I doubt it would take much confirmed positive news to push this back up to the placing price . Hopefully much higher than that by the end of the year . GL .
:~~~ " I have reluctantly come to the conclusion that AP are Vast are a sham," ~~~ Joking apart , I seriously believe this to be the case . The value destruction here is no joking matter . There can be virtually no value left here . Where is this going ? I see no future and I am absolutely furious with myself for not spotting the tell tale signs much sooner . Fortunately I did get a chunk out in the low thirties and another in the high twenties the rest is probably valueless . If they , when they (?) raise again , I suspect they might have to consolidate first ( minus another 15%) . I remain extremely suspicious about AP`s PERSONAL strategy here . Perhaps the more he can push the donkey onward with shareholder funds , the better for him long term . Perhaps we will see Zim split from Rom , and I have never discounted " P " as a real possibility . I ~ GENUINELY ~ feel really sorry for those ordinary shareholders who have stood solidly behind him . Not so much for some of those who have ~ IMO ~ been peddling his sub standard wares . What a B***** Mess .
Dear Mr Hall , Thank you for your comforting tweet . I read this two times just to make sure I understood what you have said : 1.The Institutional Investor is not confirmed . 2.There are no positives that I we can advise . 3.Nothing has been decided regarding financing . Have a comfortable weekend Mr Hall .
I have little doubt that the sp will recover soon and that Bloe will develop strongly over the coming months . I have less confidence in the prospect of PH being able to recover authority and credibility from this debacle . I imagine that the phone line to the Boardroom must be white hot from II`s who bought at 11p wanting an explanation .
EMEX : I did , I assume that they haven`t got round to updating the BLOE site .Just a guess but I suspect they probably know exactly what is going on with Miton and until that `issue ` is fully resolved there would be little point in updating only having to do it again . My purpose for posting the shareholder list was to illustrate the division between PI`s and `Pro`s`(for want of a better description) Very - very - roughly 50/50 . I suspect most of the churn has come from the Pi camp .