i know for myself when i first started playing with shares i relied on the boards for support/information, now i use them mainly for conversation/passing time, not to guide my trading decisions
i don't think the few dozen regular contributors on the boards are representative of most PI's in fact im pretty sure most PI's don't use the boards
I think that it is PIs holding this over 2p...you have to remember the mentality of PIs who have bought in at high levels and now would rather contemplate a possible get out in the future, rather than a massive loss today....so common on AIM. Overvalued companies keeping their heads above water thanks to desperate/hopeful PIs
and MA can't prevent a hostile takeover either. for that reason if one comes i hope the price has improved beforehand
if a takeover comes at this price the most itll be for will be about 2.5-3p (providing it's hostile) companies don't pay hundreds of percentage points premium usually
It's what the Chinese like to do...buy for a song...then delist...PIs left holding only their withered genitalia!
as i said something is holding it up. be it PI's or II's
it's not far fetched, it's possible II's can and do hold in investment vehicles to avoid their interests becoming notifiable
it could happen. there are obvious advantages to taking the company private - esp for the Chinese if they do a takeover
Okay, you seem open to lots of far fetched ideas. Do you think that BMR could be delisted (either temporary or permanent)?
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