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Https://www.voxmarkets.co.uk/rns/announcement/0bbb4af3-9059-4c19-821f-eca33cc21029/
Yes looks like shareholders have been totally let down by Directors.
Oh that's crap...
How have shareholders been let down - almost 100% premiumto the current SP ??
Great post yesterday, they must have heard you.
This Board need to pull their finger out and create some value, seem to not have much delivery other than sitting back a relying on wressle…. Hence the SP is going no-where….. pull your finer out !! Or ship out and get people in who actually find and deliver projects…..
Just confirms they did not have their heart and belief in their projects….a good thing they are going…..but have they just done a ‘dum’ deal and selling out to the first punter who waved soma cash at them…would like to know if the co was more widely offered and to what degree the bunch of jokers on the board actually tried to negotiate the price up????
I was in bacanora, something similar happened over there, not happy about this even though I am in profit.
Re bacanora….so was I, problem here is that I suspect quite a few holders bought in above 4.5p and will be nursing a crystallised loss…..hence ensuring the DOB jokers have the best price….
My avg is 6p…. and I’d basically given up on this one for a year or two…. But considering we were 7p only 7 months ago 4.5p does seem underwhelming.
Think I’ll see how the next few weeks pan out before hitting the sell button.
Molokai - my thoughts, exactly ... Just the the other day, given the prospect of a Lab or Lab/Lib government next year, I was thinking of selling my stake in EDR. So I suppose beggars can't be choosers, I'll take the hit, but at least it's not such a bad hit. What's the chance of anyone else making a higher bid? Ok, stop laughing.
It was 7p on false promises and was an artificial price. 4.5p is a mega deal