1) what effect seriously would a £3m buyback have on the SP? 2) would it not come across as more desperation and have an adverse effect?
a takeover right now would only offer 250p a share I think
This will take a long time to settle - shorters, gotham, damage to reputation and terrific volatility in the share price. Let's all sit tight for now - no one knows what the bottom is here
wilsonio - thing with the report it wasn't simply about believeing it - many just knew the effect it would have on the market - two completely different trains of thought.
Squirrel - most here are long at a far higher price, hence the nerves. If we were all brand new to QPP today at today's prices we would be absolutely laughing and only looking at a 20% short term loss max and a possible 400% upside over 12 months.
@Ben_Turney now threatening me on Twitter, alongside Share Prophets of Doom. I will not be threatened. By anyone. Least of all these goons.
no, they are in control daily - have you not seen the SP plummet from 20p to 13p in the last week despite good AGM, new contracts and director buying?!
they are still 'in control' of it though, that was my point
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