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Top two Major Shareholders
Schroder Investment Management Ltd 47,501,000 (10.60%)
Ervington Investments Ltd 39,610,494 (8.84%)
If Chippyjo's group gets any bigger it will be able to demand a seat on the board. Ervington got two and they only have 3m more shares!
Funny athansius didn't think of that!
Letter to Bond uploaded to the shareholder website. Anything to note then send me an email.
Great work chippy will take a look when I can.
Hi, I will add that in prior to sending. The number is changing daily.
Current total 36816055.
What happens when we get over 30% ?
:-)
Thanks for that chippy.
How about a copy to John Rennocks?
Hi John,
I've just read the letter and think it should certainly make some people sit up and take notice.
Hopefully a meeting will not be necessary after Adam receives the letter and an RNS will be put out instead, giving a full update of what and when exactly is expected over the coming weeks/months.
May I just say again, a massive thanks to you for all your efforts, you are single handedly pushing things to happen with more urgency now than we have had over several years.
I eagerly await the response from AFC.
Piltick, I'm sure he'll see it )
I will add in Desrt when sent. Even this morning I had 6 emails with new or slightly increased total.
Looks good John, I look forward to hearing Adam try to justify his exorbitant salary.
Is this letter you've composed on the website Fuecell made or something new?.
Hi Ollie, I've no idea who fuel cell is or a website.
I set up a shareholder group to try to get things moving and comms improving. Every new member gets a free pen....
Actually no, theres no free pen )
contact me at legacyjohn@me.com if you want to join the shareholder group.
Great work John, I think there is enormous power in saying that the group represents not far off 10% of the total shareholding. Agitators like Bramdean Capital start off with less than that! The company might argue that we’re a disparate group of malcontents, which clearly doesn’t have the same force as a single shareholder. It might be worth considering formally getting an “ Agree” from each member to any future communication so you can say it truly represents the single voice of the group. One for later, and hopefully not needed.
iwant, yes lets see where we are with the letter first. The benefit of the site is I can contact people easily. Another suggestion was a google survey using google forms. I may add a link for future questions to shareholders for a vote etc.
It would be nice if the remaining few can send their holding screenshots please.
It would be a good idea to get votes on holdings so that communications go in against share holding totals for those that support the message. However, this time around the issue is straight forward and non-contentious, at least as far as I am concerned. Thank-you.
BB The logistics of that may be beyond my online technical abilities. Alternatively lets just keep focussed on the here and now.
I am thinking more about the future. We cannot guarantee that there will be unanimity in the future, but plenty of time to consider. Hopefully will not be needed.
Not be needed suits us so over to you bod, get moving or move on....something has got to give here soon.
The important thing is to apply pressure in the right places. The BOD will almost certainly think divide and conquer so we must remain a unified group.
Unity is not achieved by assuming everyone agrees. Also can you imagine the BoD lobbying individuals in a small group with less than 10% of the shares?
BB they don't really need to lobby the group, they would go to the whites the russians and schroders.
Lets build something together rather than explore ways to destroy it before its begun.
Not seeking to destroy, wanting to strengthen. Look, hypothetically, if someone has 5 million shares and finds those shares being used for something they disagree with by an assortment of smaller shareholders they are not likely to remain. I hasten to add I do not have 5 million shares and I am thinking ahead, not to the present.
Not really Jimian. Just thinking ahead. And I don’t know what other negatives you are accusing me of dreaming up in the past. Normally I am accused of being too positive.