frazboy: this share has a tendency, on certain days, to be walked up into the close. it seems to be repeating that pattern today. so, trading update due, what they'll tell us i do not know but i'm expecting it to be poor (sales process continuing no final offers yet received, exceptional costs to be incurred for closing certain business units, no new directors have been appointed but the search is still going well, cash flow positive so no need to raise funds this year but early next year to help with the restructuring is a possibility, sales progressing well but slight disappointment on the Tesla hiatus on the model S (and implications for Telit IOT module), ongoing dialogue with the FCA positive and constructive, etc, etc, etc...) but i'm also expecting a buyer to appear to mop up stock. interestingly, we are,I think, now out of the lock up period. Read Full ThreadFollow |