When I first invested my £21k in ECR over 3 years ago I had around a 0.35% stake in the entire share capital which at time was around 2.5 billion shares in issue and now my share capital is 0.035% after this ridiculous constant dilution where only YA Global, MTR and the BOD really profited at the expense of long term shareholders. After this consolidation I have worked out that my stake will be around 0.015% of the entire share capital after investing £21K of my heard earned money and anytime I would get paid I would put it into this instead of my savings account thinking this was a winner. I really had hopes and dreams here and that was more like false exceptions and realizing I had a big gambling problem with AIM shares.
They left it one year too late so now 25 Billion shares is way too much so no point consolidation last year when we had +8 billion shares and traded average around 0.08 and not 0.004. Shaft us long term holders even harder.
Now my £21k invested over 3 years ago because of THEMAC report after the consolidation it will be work less the £50. What an insane joke on me and every long term holder who really believed in this epic swindle.
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