Lot of shares dumped today, if the results are out on the 3rd Aug. could there be some insider dealing going on prior to a set of bad figures being released?
Should be out on the 3rd Aug. Will be interesting to see what they throw up, large increase in profits followed by a big jump in the SP don't think I will hold my breath.
Issued at 18.00hrs on the 29th confirm deal with Rubicon gone through. Hope BOD will concentrate on the rest of the business and lift the SP or is that to big an ask.
There's one sure thing if you hang on to LONR then you will be out of pocket big time. I stated in the past you need very deep pockets to go into air transport and that's one thing LONR does not have. If Leni and co. stick with the other businesses in LONR then there is chance that it may be profitable in the future.
Lonr did operate a spring water business that was doing very well, but I could not see any mention of it in the Annual Report. Was it sold off or have I not picked it up in the report.
If the above information is to be trusted not much in the buy/sell numbers, tomorrow is another day and the SP may regain todays losses and power upwards. Well I can dream.
Stepping down from executive chairman to non executive chairman, was this planned or out of the blue, no reason given. He is the founder and major shareholder, the question is who will succeed him?