Because no one believes Tony Sage will deliver the goods? And yes, a once-off 12c divvie would be great, but its not like you can't find a sub-60c stock which doesn't pay 10c divvies a year and is likely to do so more than once.
And then, what happens when they pay the 12c/sh out? The stock is going to tank 12c, isn't it? Cash now, but no cash later.
its not bad for Tony. He's made his money back on what he put in, and then some. Burston the same. They can chortle to the bank the whole way, and maybe even the Russians will like the smell of this. But the average punter has no idea what's going on or what will go down, and they have no chance of interjecting if they don't like what Sage et al. have cooked up.
So, doubt. Doubt and fear equals 55c.
And I'd like to have a shout out to the technical analysts who predicted an MACD reversal last week. Seems a bit dead now, huh?
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