RE: Thoughts on the RNS5 Jul 2018 07:52
Neon,as you say none of us know the full details of what has occurred so we are left to speculate. So I'll throw up another possibility ( forget the 20 yr old Hungarian and her company,that was just a front for a second company he was dealing with) that he was raising capital to buy more Angus shares at an opportunistic moment with a low share price. Say he borrowed £2 million pounds against his share holdings that would allow him to buy another 33 million shares at say 6pence a share,if the share price rose to 10 pence a share he could pay back the company by selling roughly 2/3rds of his newly acquired stock and still be left with 10 million extra shares. I find it significant that the second tr1 was released at the same time as the Lidsey-X1 update,he knows what is coming out of the production licenses and the flow tests. Of course again this is pure speculation and until a company update this is all we can do.