RE: Possible Due diligence underway ?30 Jun 2021 17:08
As always I skim past usual posters because it's just waffling the same trash for the past 5 years.
High side got it spot on.
"To add to this, LR (from last week) insinuated that he was "rather" fed up with whoever was driving it (SP) down based on where he believed they stand...
The only people able to really drive the SP in any company are management. An SP can fluctuate on hearsay via social media or particularly on tipster sites but looking at the SP here over a 5 years period it has gone down from the equivariant of £1.50 to 10p which is what attracted me to look harder. Its patronising to the intelligence of the holders here for the board to lay the blame for the SP anywhere other than at their own feet."
He did get the 10p part wrong. If you look at the pre consolidated price we are near 0.02 if my maths is correct. That's puts things more into perspective. LR has a lot to answer for especially his pay and lack of investment.