FDM Group Share Price (FDM)

Seems the market aren't pleased with the consistent awarding of free shares to friends and family either. No mea culpas or RNS issues with a strategy to arrest the management induced decline. Nope, free shares all round is the order of the day.

No more buying of FDM for me, it's now basically an AIM share that will bounce up and down on the whim of the market makers. The overheads for their London and international offices and the energy bills to run them are only going higher. The lack of recruitment over the past 2 years means those that they have on the books will be out of contract without the same number of replacements meaning a big hit to future revenues.

If I presided over a collapse in the value of my company, I would suspend ALL 'senior' staff share awards and inform all and sundry that management failure will not be rewarded. Companies are quick to FAIL and then stop dividends to shareholders or drastically reduce them in a heartbeat. Maybe 'morals' and all the ESG piffle FDM and other companies promote doesn't actually stretch to doing the right thing. It's easy to write how 'ethical' and 'sustainable' you are, it's when it comes to proving it where the difficulties arise for these corporate vampires.

It'll bounce back up at some point (and then collapse again after the next results). The directors need to sell their free shares into spikes after all.

All the best if you stick in here, it's a great business model going stale on the sideboard due to mismanagement. Not really convinced they need a MASSIVE office in the most expensive commercial district of London on the bank of the Thames River, Slough Trading Estate anyone? Nice early bird discounted rent deals on offer.

A basket case ? Let's buy the dip.

Seems the dividend declared may only get paid subject to a cash buffer.

Also, still baffled as to how taking the share price from over £11.00 per share to £3.45 in less than 18 months warrants the 'award' of free matching shares and other incentives for the very same people who presided over the failure.

Nice work if you can get it.