JUST WONDERING-GLIMMER OF HOPE18 Nov 2025 10:39
EDALE CAPITAL LLP bought an additional 35714000 shares at 0.7p each (total cost Pnds 249998) on top of their orginal purchase of 21693706 shares bought in early October 2022 at approx 1.85p(Total cost Pnds 401333).
Further to the Capital structure Simplification they now hold 5,71% of the share capital instead of 5,81% making a loss of 1,75% in a couple of days.
I am not sure if they were notified by PH being their pal of the forthcoming Capital structure Simplification.
Now their resulting average cost is approx.1,13p .
I e-mailed them in 2023 just before the AGM to ask them to vote against PH but from the result apparently they did not.
Hopefully they, as I consider they are pals with PH ,having spent Pnds 249998 to average down must have prior knowledge of things to come.
Just my thinking but you definitely cannot trust PH .He will act for his own benefit alone.
Best of luck to all LT Holders.