RE: Evening everyone4 May 2016 22:26
Great question PJ.
Before I answer, let me just add that the SP was at one point just 0.03! and some had spotted it already back then at that low price... Well done to them, the no doubt have a talent!
So my first Q. was, why has management not bought back shares themselves? but that can sometime happen, not unheard of and it seems that management in this case was simply not bothered.
To answer your question, the plot sale will have now validated anything anyone may have had doubts over, and let's not forget that pretty much nothing happened for a very long time, and we all know what happens to the SP when nothing happens on the AIM...
Now that plot 1 is sold, it is widely believed the other 2 will follow soon... and then there is that 10% stake in Bekon, perhaps worth another $5 to $15m. I am now reading?