hangon
- 23 Jun 2009 19:57
5:1 Consolidation mid-June 2009.
Don't Sell what you don't own! This business has started to pick itself up, but this share manipulation (my interpretation) is not good for shareholders even though it will make Management believe all is well.
This business took the City for 1.60/share(now=8).... late 2007 (DYOR) and very soon fell like a stone!
Currently abt 70p
My average is about evens.
hangon
- 15 Dec 2010 17:11
- 4 of 5
Much excitement, posted here (today), some believe it's due to the shakeout when EV will be sold. - . but what does that leave?
Not a lot IMHO. This has been a disgracefully managed business, taking out Pensions funds for 8/share (DYOR), and now it's not even half of a tenth of that amount.
Did Directors do well...you betcha. some bought as low as 6p and are looking at substantial profits. Yet it was these very same bods that brought this business to the current position - AND NOW we are to sell-off the valuable asset...?
Doesn't make any sense to me...but I'm still hoping they will be brought to London, to explain themselves, until then my wallet is shut. I didn't buy at the 8-level as I thought is was far too expensive....but then the City has our pensions to fund their excesses...why would they worry?
Of course, there could be another explanation; so, let's see them face-to-face and tell us how it is....