RE: De listing?8 Nov 2024 10:55
If the caution is on every final report, then I agree it’s Not a likely outcome…. if, it’s only appeared for the very first time, then it’s a real possibility. Pete can read tea leaves and will know that he cannot keep tapping the Pantheon Family if there investment continues to show significant losses in very short periods of time…. I think they are in at 3p and 2.4p….. so hefty losses within a couple of months…. and likely based on Pete telling him about how cuspy DRC is… along with the annual “new MSC around the corner” line we are all accustomed to.
WSG have revenued sub £10m for years without a profit… in fact , they look like they are going backwards in terms of the multi channel, multi revenue strategy that Pete keeps telling us is pure genius from the mastermind that he is. The Tech division has imploded and he is only winning bits and bobs…..which is concerning when you are a security company on a planet that has never been in more need of security.
If DRC fails to land, this company is finished…. Or should be put down. Anyone can do what is done in SL…. and Pete can get on with polishing his trophy or 2 and drawing his gold plated pension, paid for by shareholders …. The kids can go work in Mac Donald’s…. If they would take them. B