RE: If 1p was offered I would be off like a shot24 Nov 2019 13:09
“If 1p was offered I would be off like a shot”
I suppose this answers the question as to why the shortest have continued to post so negatively for a year when the shares aren’t even listed. Imagine they hadn’t bothered and Zaza had been able to tell us the truth about our present situation (I’m assuming of course that it all will eventually come good). People like Zeps would not then be happy to accept 1p and in the event of a re-listing on whatever exchange FRR choose, there would be lots of investors happy to hold because they know the good news that’s coming.
Instead, the constant roller-coaster that is FRR, with bad news followed by good followed by bad, has worn everyone down. And if we do ever re-list, people like Zeps will understandably be relieved to get out almost at any price, if only for their peace of mind.
And suddenly the shorters will have got away with the FRR re-rate that they fear so much. They will buy Zeps shares very happily for 1p, covering their shorts and maybe even make a very healthy profit in the process.
All IMO, GLA