RE: Copley and Wall7 Jul 2019 12:34
Anto- when you say, one is selling his stake , who are you referring to ? Do you mean TJ , if so how do you know that ?
If you mean Hogan, well he has never been a director - just a well rewarded sidekick to Zorbas. Who know what he does that pleases JZ so much ?
We don’t know what Hogan has been doing with his holding a she deliberately mislead on his holdings RNS - aided by the company. By now showing any boundaries crossed or disclosing previous notification there could be a whole raft of movements that have not been notified - including the shares he got in last years placing which were not disclosed at the time but that they had to come clean on when Tom Winnifrith exposed them.
I notice the EGM doesn’t seek to remove Brenton - why ?
Tend to agree that with Zorbas supposed to be going in a month it would by a Pyrrhic victory anyway and they should maybe have waited to ensure he steps down as proposed rather than trying to oust now.
Difficult to see that any change has happened lately. Still no communication from the company on key matters, still a lingering stench that Hogan is too close and no real sense that is is about to turn a corner or that sentiment is still very much against this share.