RE: silly share consolidation 9 Mar 2015 22:41
Exactly guys: to me the act of consolidation at 500000/1 for immediate sub division is just a kick in the teeth to shareholders who bought at a significantly higher SP & a contemptuous deliberate attempt to unceremoniously dump people who once believed in this co & showed them trust.
I've 110,000 which cost, what for me was, a good portion of available funds based on all the positive RNS's & positivity at that time you can work out the current (non) value is for yourselves, but if there was anything here I don't understand why they just don't consolidate to 10p a share in the first instant.
They're asking the likes of me to stump up another £400 in this co to 'round up' so I can retain a minimum holding here... I think they realised an offer to buy to existing holders at .01 wasn't going to wash so instead they're trying to force the likes of me to subscribe & I suspect there may be many as me....I believe they need this cash to 'buy' the new nomad and I find myself asking are they that short to need money to that extent?
As I've said previously it's not for me & it stinks, I can bear the loss....already have clearly...... but I feel for anyone this has pained & also wish anyone who takes the risk or hangs in well....but I do think there'll be more than luck required.
GL regardless if the consolidation goes ahead I'm gone if it doesn't go ahead maybe everyone will be gone........if it goes ahead AND a Nomad is forthcoming well done but I do fear for how long it will continue regardless.