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clock Created with Sketch. 30/01/17
22:52
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Originally posted by Paratoo
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Hi Daning. I believe the selling/manipulation is driven by impatience and perhaps some 21-60 investors need to for cash. Those in T10 are all closely linked to the company ie directors, relatives, CEO, Manajem and are not moving. The next 10 have mostly been long term investors, some of whom bought in at around 30 cents and have taken every opportunity to average down. A couple have got impatient and sold down . Some are high wealth individuals who are just having a punt. They seem patient and happy to wait whilst acknowledging the risk. As noted earlier AUQ moves forward very slowly. Manajem bought on the dispute some 2.5 years ago and we may get some action in March. But who knows. We are in the hands of the KSA legal system. Also It will be interesting to see how much dilution will emerge with the options. I have already exercised my options to get more in the last RI. I was in the minority. So it would be better for me if the Options are out of the money come April thereby reducing dilution and the number of shareholders with which to share the spoils.
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Will it be diluted as many think? What percentage of options will be in the hands of the top 10 or top 20 for that matter. I'm sure a few jumped out after it ran to 2cents aswell.
