bid, page-18

PS - my thoughts too. A rational decision in the circumstances.

nobull, you misread my post. I said the revaluation of Mehdiabad happened long before Mawarid came on the scene, not before Chris Jordinson. The revaluation of Mehdiabad and advent of Mawarid are not linked except in the possibility Mawarid saw it as a bonus spec play on their investment in Sandpiper.

Mawarid were brought to UCL by external consultants engaged to find an investment partner. Perhaps there is a greater conspiracy behind all that but I doubt it as the facts fit better the story actually presented.

All the best with your position but don't be caught holding shares in a private company. You will get diluted out of existence.