Baldguvnor

Announcement of broker resignation. Quite common not to announce until notice served- BUT given the sensitivities around the stock in this case an announcement should have been made- and the decision of directors to sell shares in the interim is unforgivable and almost certainly criminal.

This price won't rise until there is a proper trading and cash update. Currie is fully aware of the pressure to produce something- however he is also fully aware of the risk of coming out with something half-arsed and wrong. Until that statement the price may drift, may rise, no idea. Only on a sensible statement can any sensible institution justify buying shares. And we need institutional buying.

Their won't be a proper rating for the stock until their is a proper update on trading and cash. If that is positive the price will rise: if it is negative the price will collapse. NO ONE ON THIS BOARD KNOWS WHAT THE TRUE POSITION IS. Until that statement investing here is the same as investing at a Casino. It is a gamble- it may work, it may not.

With Fidelity withdrawing their sell order their will be a squeeze. But other sellers will emerge. The only way that there can be a sustainable re-rating is if their is a meaningful update on the company's financial position- and that will take some time for the Board to produce. Till then it will be a casino.