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clock Created with Sketch. 29/06/18
05:27
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Originally posted by Ben Orwel
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Was that buying due to programmed orders in the system? Still holding onto emc for a few more months. How’s that going to deal with the current cash burn. Two small solar projects one of which isn’t built how’s that going to fund the wave side. Isn’t Northam debt funded after all? If I saw a board shake up and recapitalisation plan I still wouldn’t buy back in again definatfly not with it’s current CEO who I have no faith in. Let’s see how much the SP will drop. I can’t belive there are buyers for this out today or any other day until something major is put on the table and exercised. I feel so sorry for people who are sitting on or realised substantial losess. I’m angry with myself over the loss I realised recently. Retail investors who to me are mums and dads or retired looking to give there family a better life. It angers me to see such trestment of people risking there hard earned and then seeing post of people feeling deceived the same as I have in the past. Agree with others that this needs some official investigation given the share placement just done alobe. Given the lack of material return to shareholders in receiving these shares why don’t CCE just hold them as an investment. Any feeling out there on just how low this will go? I don’t want to depress people with my gut feeling.
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In terms of how low it will be somewhat cushioned by:
