From RNS dated Wed, 23rd Dec 2015: Mr. Said Ashurov, the former Chief Metallurgist of AGF, remains in prison in Uzbekistan on what the Company considers to be an unjust and improper conviction for seeking to remove classified information from the country. This matter did not fall within the scope of the arbitration.
I suppose I'm one of the "Lucky" ones here.. I smelt a rat a while back and de-risked considerably to leave myself a small holding in here.. I just wish it would disappear completely from my portfolio now, Took it on the chin and moved on.
I wonder what happened to the poor chap imprisoned by them ghastly Uzbeks..
Are there any long-termers left on this board? Does anyone remember ParanoiaBlue? He used to ramp this SHARE like a crazy man! He used to 'live on here' - and TW and VOG (+others) Wish he was still around to offer his pearls-of-wisdom. He 'laughed his head off' when JJB Sports went BANG and folk lost their hard earned. What a disgusting 'man' he was. He's up in Carlingnose Point if anyone wants to buy him a drink?
The company is in administration people are talking about an appeal as if it's going to happen and companies and lawyers are obligated to help the company and fund the law suit. The're not, a company in administration is on life support and the administrators aim for that life support to be on for as short as possible. Contractual obligations will mean very little to a company which no longer exists.
Woof mentioned about the protection of share holder interests. umm administrators primary concern is to see that creditors and debts are paid the share holders can pick over anything that is left after all of that has been settled. It doesn't look good for anything being left because the senior staff weren't taking a wage towards the end to keep the company alive.
If you were a share holder then your investment here has received a Ramsey Bolton special treatment. Chow time for the dogs. Count it as lost money and move on.
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