The following post could have hit the nail on the head IMO they would have had a
devils own job to get 60,000,000,shares and if they had plans for 2005 this
could have been only option open to them if you remember the bid price went
below 0.25 on 17/12/04 BUT STILL NO RUSH TO SELL
ranoszek - 28 Dec'04 - 10:43 - 3568 of 3575
My take on this is a positive one although it may be misguided and i am open to alternative views.
The shares were fairly tightly held and perhaps still are. There were, i believe, several desperate attempts to get us retail punters to part with our shares. When this did not work. SB was forced to sell his holding to satisfy the deal he did with Griffin to sell them his stake for which in turn they will put work CFA way from the States. The 3 RNS's in one go was a further attempt to release shares into the market to be picked up by Griffin and Deans spin off companies. SB has not gone and some deal has been done to recompense Barclay for his having to sell his stake.What this was we will have to wait an see.All IMHO ofcourse but there is more to this than meeets the eye.
PS what was /is the nature of the existing relationship between Griiffin and CFA as alluded to in recent RNS? If someone can find this out it might gives us all a bit more to go on.
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