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Was Christian Dennis‘s Madagascan interview before or after he met Shishir in London?
He said in his own words, “you have done an amazing job, all of our investors are very happy with what you have done”.
Very strange that he decided to resign as broker a couple of months later, even stranger he didn’t release his resignation letter on his own platform but instead had the group to do it for him, hours before the QnA.
I can’t prove he is working with the group but this strongly implies he is at least still in contact with them.
There's nothing inconsistent here - the resignation letter is very clear on the reasons Optiva has resigned, it has nothing to do with the operations in Madagascar.
So why did the FTG post it and not himself?
I don't get the conspiracy? Optiva tends to only post the positive stuff on their twitter rather than resignations. Christian is obviously in communication with the proposed directors, just as he is with Shishir as well and has come to the decision to side with the proposed directors in the interest of their remaining holding.
I assume Christian forwarded the resignation letter to the FT group and gave them his blessing to share it.
Sounds as if the most likely conflict of interest was himself, working for TGR as broker while as you just said obviously siding with the Group.
HarChris I remember you saying you sold the last of your holdings, so no skin in the game are you waiting for SP to drop or new management to get in?
I don't feel comfortable holding through this current turmoil and certainly won't be buying back in if the company remains in the hands of the Shishir, Puruvi and Alastair. I wouldn't care if it was 2p I personally see little chance of the company surviving the next twelve months with the status quo so any price would be too high for me.
I'd take a chance on new management and at least buy back some of my position, so yeah waiting to see the result of the upcoming vote.
So it will benefit you for the board to be replaced. So would you agree that makes you biased? Even go so far to argue there is nothing unusual in the way that FTG released optiva’s resignation letter
Not really no but I have a good few friends invested here who are sticking it out to the death and I'm fairly convinced that the company as it stands is heading for failure.
Even if the new group succeeds I wouldn't rush to reinvest because Shishir has driven the company to the brink of administration and it will be a real challenge to turnaround as well as require a significant amount of capital.
Shishir couldn't even guarantee meeting the July CLN coupon yesterday which would mean almost certainly being dragged into administration and yet some carry on cheerleading for him - it's madness.
Saluc, be honest what is your connection with the Company? You are defending TGR, avoid answering questions when you claim to know Panagraph's trading status..
Tell the truth or answer the questions I have asked?
FD, just an investor. I’ve never had contact with any of the current or previous board. My return today would be -54% lol, I’m up shot creek as much as anyone.
You understand it’s innocent until proven guilty. Not the other way around, you can’t just throw completely baseless accusations around and demand to be shown proof of their innocence. You’ll be at risk of sounding like Tomorrowyesterday..
Ignore all of the stooges here and as I did earlier vote in FAVOUR OF ALL THE RESOLUTIONS
Time for change before it is too late!
Completely agree with HarChris and his earlier comments. The company is on the brink and keeping the same management isn’t going to change anything. Time to let an independent board look under the hood and at least check that there’s a viable business here. The Poddar’s will still own their shares, and who knows, the business might actually start to recover!
The inability of Shishir to let go of the reins is one of the biggest problems the company faces, so a refreshed board will at least restore some market confidence.
Putting aside all the personality issues for a moment, as I see this it's about cash now and not the foreseeable; what are the new group suggesting on that front?