Eurocontrol Technics Ord EUCTF

A “Hail Mary”

[kidl2]

With nothing left but cash and a BOD with little claim to fame but a large tradition of siphoning cash. The current BOD / management  has no incentive to take risks by putting the cash balance to work.
 
Procrastinating while depleting the cash balance makes a lot more sense for insiders.
 
PS: If you don’t get this, you are like the three monkeys. Deaf, dumb and blind.
 
PPS: Not saying that these clowns won’t engineer some minor pump but minor and short lived it will be. If it happens be sure to be quick.

[tannin]

First, to all those who were negative on EUO, you were right, I was sooo wrong....and should have listened. As to current situation, why on earth would company do 50% deal with SICPA ? Wondering if they have another deal set up requiring cash on hand ?  Obviously hard to have much faith in bod, though they have likely stopped the whole thing from going down the drain. In, and at current price

[kidl2]

As I said in a previous post, writing off the share investment in EUO might just be nothing more than a (welcome) and overall inconsequential tax deduction for SICPA even if they write this down to zero.   Essentially SICPA’s business model doesn’t lend itself to any investment in a public company as public disclosure isn’t something they cherish.   3.5 cent bids are thinning and 4 cent