If Rofert's theory is correct and the warrant holders are off-loading the warrants before or at the same time as getting them, it doesn't augur too well. Surely the warrant holders will have the inside track, knowing what is going on here, so why would they want to get rid for a small profit, if they 'knew' that they could get more in a few weeks' time? No doubt, Masoud wouldn't care too much, all he needs is a solution to the funding crisis to keep BMR as a 'going concern'.
I spoke to them earlier today. They are looking to make arrangements. I will be amazed if they will but perhaps that's because I have little faith in african telcommunications systems, when their infrastructure is probably better than ours!
Good to see you taking an interest though. Wish I had all the free time you appear to have. Must be great...
Bringmeriches post on LSE – “1 million buys I make that 17 x 1m buys in the last 3 days now. Just saying!â€. Now, if it were the opposite i.e. 17 x 1m sells, this BB would be in melt down right now with the amount of gleeful posts that would’ve been submitted. Just saying!
I'm sure someone will be along shortly to say that he has evidence of warrants being put through as trades higher than the value (what are the chances of SXX being mentioned?)
know, more likely to see them on the open market if they are selling I would of thought.
KBC, why are they pretending that the 1.4p trades are the warrants being exercised?
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