what just happened, page-20

Hi Silver01,
Yes KEY does look to be potentially heading for one of those debacles.. and yes I do hold.

That said, I also now hold MVH (not as many as some here).

I may increase my MVH stake, but not yet as I am not convinced they will be able to raise capital without destroying shareholder value... and even I have limits to what I want to lose... there may well be cheaper opportunities and history reflects this view.

Equally I am not surprised with the fall in sp, both MVH and ATW are looking at acquisitions and disposals.. I have been involved in company acquisitions and integrations and know how very hard it is to make them work; to try and do this accross multiple companies whilst getting to know an alien industry as a Director means the potential to take the eye off the ball exists. That could scare some shareholders.

There is also an argument that some could try to hold MVH price up as a collapsing share price could make cash harder to get (at least on nice terms) and also be perceived as a reflection on performance of management (rightly or wrongly).. but as I have limits so does everyone else I guess..

Time will tell I guess... all imho, dyor etc