I've talked upon Conglin a few times now, but I think his intentions are now very evident - he is looking for a buyout here.
If he wanted to protect his investment and make more dosh into the future, he would be buying. That would in turn lift the price.
But he isnt. He is waiting to see how low this will drop and will be able to walk out with the company at 60 or 70 c.
Clear as mud in my opinion
hawsons is the superior project, page-20
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