linked in says Spreadbet Magazine Ltd, align research and Peregrine Asset Management Ltd....
Board is unethical, why cant they sell to new investors for 1gbp or 75p, lot of current shareholders will sell the stock. This would be better than asset dilution; this approach is same but helps disappointed investors and can win new investors too.
Mr Jennings of Titan Investments fame? Mr Jennings who wrote up glowing appraisal of PVR in recent months. Wonder if he's owed any dosh for his services?
and why did they suspend the shares before the appeal but not before the original judgement? it makes a lie of statement: "the directors had considered that and were "satisfied on the basis of all information available to them that no provision is required to be recorded in the financial statements"." they obviously knew there was a chance that they could fail on the appeal.
What we need now is a deal maker. not a sales person. and it doesn't take much of a sales person to sell something on the cheap.
Last year they allocated 1 share for every 4 shares at 25p, how did shares got doubled from 60 odd million to 130 million. Any idea? Has anyone complained to FCA?
I wonder will we get another update via the Sunday papers!
Common sense at the time would have suggested no one would leave that much oil in the ground. Common sense now dictates there is something is not quite right and we have been told a pack of porkies because the oil is still in the ground and we can get a deal for love nor money. But you could also call that hindsight. Which of course is 20/20.
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