Progility Share Price (PGY)

This has come out of the blue does anyone have any idea whats going on

Whist this exercise is a legitimate one, the effect is for PGY to pocket all consolidated shareholdings of less than 500 for a cost close to zero. And any PI wanting to buy in again is subject to a 25% spread. I realise that consolidations are necessary but why are they so often accompanied by an exclusion of the smallest (and most vulnerable) shareholders? I think we all know why and it does not feel like ethical practice. The indifference of the regulator to such practice is one reason I have not purchased pure AIM stocks (the worst offenders) for some years. It is very disappointing, but was perhaps predictable from such a perennial underperformer. We can only hope the Directors and their Advisers reap what they sow somewhere down the line.

i just lost the lost reorganised into someone elses pockets crooks the lot of them

Yesterday I had over 1.4 Million shares. Today I have just over 11 thousand at the same price. Just checked, I can still buy at 1p!! Someone please tell me there has been a mistake and the price should be corrected?????

Wonder how many Shareholders will manage to make it this close to Christmas?