The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
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Has anyone ever questioned why someone who apparently has so many qualifications in law would be acting as CEO of a zero income Shell company and take no salary when law is a very lucrative business?
Just a thought to ponder on ??
This made me laugh
The Company's key focus remains on securing new opportunities to provide future growth and value for the Company and its shareholders. Over the last year, the Company has considered, reviewed and evaluated numerous projects and investment opportunities with a view of securing attractive targets."
Yeah right, am sure they were at the desk 8-5, trying to tie down deals.
We missed the chance to get rid of the board, who are fri**in useless and have done nothing in the past year, of any note.
I so indeed Tesla, last I heard he was looking forward to Santa bringing him a Banjo to replace the Bongos he had to sell due to his poor share choices.
Remember that Welsh clown NG, who said the rigs were worth millions ……200k and can’t sell the rest.
No wonder every forum banned him from posting. I see he now promotes anti vax conspiracies on social media and creates aliases on another forum, where he isn’t banned, to pretend posters are engaging with him it is all very sad, however it was the right course of action to ban him because as everyone can see on twitter he is a very dangerous individual who promotes fiction as fact……………
What a load of tosh in today's RNS. Basically they have not impacted the environment mainly due to the fact they have done nothing for another year. They have basically sold 4 rigs for what amounts to scrap value and are totally screwed if Landocean don't pay up.
Happy Christmas ??
I totally agree, these were almost wiped by Peter Landau,
This bunch are just finishing them off.
That would dilute the SP not that any of the BOD seem to deserve a single share, all they have achieved is lining their own pockets at the expense of shareholders.
This is a dead cash cow imho.
He ought to only be paid in shares no cash. He would have to work to push the price up then.
sorry, see his work diary of course.
Would love to say his work diary from 8am- 5pm, that is for sure.
How can they justify $300k a year for Kerry Gu when there is no business ……..
It's blatantly obvious they have been bleeding it dry since they first started on the BOD.
Still no business or income, they should be investigated. Just reading through their RNS's will give you enough evidence they have done nothing but filter money out.
The Chinese group didn't win this time, but they got a lot closer. All these EGMs and special votes have been a waste of time and money so far, but that might be their strategy. Attrition and exhaustion from the BoD and shareholders may well give way at the next go.
Maybe that aligns with the BoD's strategy - bleed remaining company cash through fees, then hand over the rump to LandOcean for nothing where they can absolve themselves of remaining claims and liabilities.
Spin Cycle is my favourite.
Seems the market is reacting to the BOD surviving by the skin of their teeth, the only issue now is offloading shares as surely there is no one stupid enough to buy into this none entity ahead of the next set of results when they have no choice but to admit they have no income or funds left in the bank? All IMHO.
Think up a new name for the company,
Global domination.
Anyone have a clue what's next for this company? Wrong answers only...
Yup this BOD seem to think they can run a business on litigation via no win no fee, they have no other vested interest in any business.
Read through every RNS they have released then advise me of one that is positive, tangible and adds value for shareholders.
Can't find one? Thought not.
Voting with this bunch of clowns has cost people money and lined their pockets.
They have achieved nothing other than dilution for investors.
Vote Against the BOD, it's not like you have anything left to lose and I hardly think anyone will ever recover their loses. I've said it before and I'll keep on saying it, not a single RNS that has been factual and provided a positive outcome, they have no cash coming in, think they can take on entire counties using no win no fee and can't sell their remaining assets.
Total scam imho.
What a pile of Sh..*.t
The Chinese can have my shares at breakeven if they want to take over £260.81 that is £2.61 (two pounds and 61 pence each), it’s even or bust!
The CEO & board can do one !
At least the Chinese, will do something with it :( :(:(
Same here, so much for voting against the resolutions last time. Looks where that has go us.
At last …….some sense ………
Now that's someone talking sense.
Ah, now this is one of my long-standing bottom drawer dog shares. The directors recommend shareholders vote against the Resolutions in the forthcoming GM. Well, this lot have done nothing for the shareholders, so the Chinese can have it as far as I'm concerned. Risk of delisting from AIM? It's already a write-off!
MOS
You might well be right……