RE: Scheme Shares2 Oct 2020 17:33
Because we simply have had two thirds of our shares removed due to the merger. Outrageous really. I could understand it if we had been taken over, but the reverse is true. Daylight robbery! That said, as we were there was no movement at all, at least now there is a better chance of a rise in SP. Unfortunately we will need three times as much movement as we did previously to just break even. It seems a shody way to treat those LTH who stumped up the money in the early days to prop the company up as they were being established. Like a previous poster said they need 600% to break even. I'm not far off that myself. Strangely, getting in early here will prove to be a disadvantage. You could buy all my shares right now for a third of what I paid. GLA!