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I have to wonder why I'm taking on all the risk investing in small caps when large caps are doing so well. BAB has nearly bagged since July. It's not just HARL, small caps in general are struggling right now.
Thanks LSE. I specifically didn't post the info from FB earlier because I didn't trust the source. Turns out the admin of that FB group is incredibly pessimistic towards H&W's entry to the islands. When I read his posts from yesterday I actually thought BlairPeach was trolling their group until I clicked on the guy's profile and saw it was the group admin.
I think finance close is out of our hands given the third parties we're working with so whilst I still believe it will be done in Q1 it's not a case of getting it done before having to pay an extension to Riverstone. It will be done when it's done. Then we can all moan about something else.
Agree that no news is causing this to drift. We seem ro go months without news. AIM investors are like babies and need constant attention (RNS) to keep them interested otherwise they sell and invest in nearly bankrupt shares like COPL.
Hopefully we do get something at the start of March, would prefer Monday rather than Friday though.
Why the lack of confidence on the appeal? I remember after the original JR hearing pretty much everyone expected a positive result.
I've no doubting there are sellers, the share price speaks for itself. I just don't agree that there is a single large seller offloading a tiny £5k amount per day, and no TR-1s backs that up. The idea of large sellers scare people so I rather not put those thoughts out there unless we're sure.
I think we've just had several medium sized PIs selling up. I used to chat with a guy who held 1m. Completely disappeared off of Telegram since the start of the year and I wouldn't be surprised if he was one of those who has sold. We've also had a couple of people post on here/imply that they have sold or reduced. No doubt others too.
The chances of it going to the supreme court are slim. Don't something like 90% of requests to appeal to the supreme court fail? That said, I don't know what the scenario is in the event we lose. Surely we could appeal that decision given that we won the original case?
The price of gas has come down a lot since JW said IM was worth triple digit millions, so we need to set realistic expectations on its value if it were to be sold. The real figure is probably half that now, but still a decent amount.