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Smell is the biggest bull****er going. Remember the time you were saying 25p buyout. You were selling down and had two IDs.
That is not a fair comment about my old friend Sym
what could be more positive
than turning a herring into a kipper
Who said I was in ''a hole'', I invested here a good while back and I wait patiently for a result good or bad. You are the one with the worries regarding LC and the BoD, not me. I sit calmly and wait, even if I wanted to there is nothing I personally can do to affect the outcome, whatever it may be. If you are getting a bit stressed over this deal and the future then sell your ''millions'' and relieve the stress.
And thats why you are in the hole you are in SYM. Always a attempt at a cleverly worded retort but in truth no action or gumption to engage or do anything positive.
AIMO, with reference to your question ''What are we going to do about it?'' my response is why are you interested because in your own words you are offloading at the earliest opportunity, what is your point in staying? If you think the deal stinks then get the air freshener out an give it a spray. Have a good day now old son, in fact have two good days in the one!
So to all KiBO shareholders - if you think this recent deal stinks. What are you doing about it?
To be fair I believe that the BOD were given no choice but to buy in this time. I have always had an issue with them not buying in before at 5/6p and on the way down but that was their choice l. My biggest issue is with their 1.5x extended warrants to dip back in on the cheap again. That just stinks.
From what pepole, have said it seems LC has never communicated very well with shareholders. Abrupt, arrogant and dismissive at time in some correspondence posters have said.
I am offloading my shares at the first oppoutunity as I dont trust this not to be taken private and loosing what stake I have in here currently, given the very cosy relationship between the BoD and Sandersons.
I for one sent a very strongly worded email to LC stating my displeasure and disgust with recent events. It is my decision to sell or continue to hold, I am watching with interest.
I don’t consider myself a “happy clapper” and I know I am not alone in having sent an email.
Needless to say I have not received a reply!
BB wrote the best post today, how can the happy clappers in the previous times agree with LC when he said BOD and management buying in doesn't make a change and is pointless and now he's doing it and buying up at peanut prices. This then leads to the question, is the current price the bottom so LC felt it's time to buy in. Happy clappers please give your views on this, happy to be corrected.
My belief is that he only speaks to shareholders if they don't ask too searching questions, challenge the company's actions or display any form of negativity regarding the share price or his performance with regard to destroying shareholder value.
Not for me Deecay as I am not holding any shares at present but was willing to buy back in. He never replied to me when I was a shareholder to be fair.
I think recent events tell us that LC and the Board are not that bothered about perception or PI's in general. All IMO of course.
I trust you will be sending your thoughts to LC. You probably won’t get a reply, well I didn’t, but it doesn’t do any harm to reinforce the feelings here.
Having mulled it over for ages I just cant get away from LC said in his RNS that he didn't need a placing but was putting things in place should there be a need for one in the future. Then very quickly afterwards the placing appears along with great benefits for him in the immediate future and buying shares at a low price now. Surely at the time he released the RNS saying a placing was not needed the wheels must of already been in motion to do exactly that. Happy to be corrected by those on here who are more intelligent than me but surely placings don't appear over night, they must take weeks of planning at least. It certainly sticks in the throat that LC has now decided to buy in whilst previously saying the CEO buying shares is pointless. I think it needs some clarification as to why he is buying in now, how his purchase is being funded (possible bonus) and why he said no placing due whilst a placing was being orchestrated. If AIM is all about trust, he either needs to clarify or continue to have non trusting potential shareholders. I wouldn't part with a penny at present to buy KIBO shares as I think he is showing his true colours although happy to be proved wrong.
I could have owned 1,500,000 shares in this if I'd bought today, instead I have a fraction of that amount :oo