pbracken, i don’t see value? why is 44p a share value as against a 49p cash in hand figure value?
I could buy into a proven fund managers highly regulated investment fund at a same discount to asset value?
I don’t think you quite clasp that they intend to spend the cash, they well Lanir has no investment experience whatsoever and well lets be honest the only thing he has brought to the market he sold at 175p and little more than 12months later its 40p? what kind of support do you think that this new investment company will have? I see it going lower! And the last thing I would call it would be a bargain?
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