RE: Conflict of Interest19 Nov 2020 10:25
Sharebel, surely this is a good thing and confirms that he sold at a HUGE profit to fund other investments, as any other savvy investment firm would, and he wants to promote RMS/P2F due to the amazing work they are doing? Why would he not want to promote it? The sale was always going to translate to cash at some point, they were paid in shares that were always going to be sold. Nothing ambiguous about it in my eyes. Bank huge profit to progress other investments, and continue to promote RMS/P2F for the stellar work they are embarking on.
Too much panic and deramping going on here. The fundamentals are right in front of us, detailed in Gareth’s awesome interview, the latest RNS, and the German manufacturer contract. The SP is of course disheartening to watch, but what do you expect when huge volumes of sales go through irrespective of agenda? My point being, even with a very good reason and rationale for selling, the SP will be smashed with that volume. Market volatility is a given.
In the grand scheme of things also, if they were always going to sell their profits for cash at some point, I would speculate that now is the best time for it before the contract news and order numbers land. If we went up to 10p off the back of good RNS news and then they sold it would hit the SP extremely hard, probably harder in terms of % than it has at this very early stage . At least with selling before the contract news is out, the only way is up and we just have to ride the emotional wave of sellers until then. My thoughts only.