Member Info for Batfasted

Why on earth can’t the Company provide an update on the sale of AICL?

If it had already gone through, I think there would have been an announcement. So in my humble option, in all probability it hasn’t gone through yet.

However the “bunch of clowns” have until end of January to sell it within this year.

It seems that some already know about the good news that seems to be withheld from the rest of us. It must mean that some are acting on privileged information which I thought was illegal. When will an announcement be made?

The latest CEO is also a disaster. He seems to spend his time spending our money for his own pleasure. He took a cruise on one of our luxury ships ostensibly to check the experience for his customers. He has reported in theSaga magazine that he is building a property on a Greek island. I wonder where he gets all his money from. Does he get time to think about producing anything for the shareholders of the Company he is supposed to be running?

He should be toast anyway. Very poor performance and ridiculous forward plan. Will he get a decent price for AICL after telling the purchaser that he has to sell. Hardly a good tactic.

I am waiting to hear what Banburyboy thinks of this update with his usual expert analysis.

Where are you Banbury?

Nah. With good news this will be 2.00. GLA.

Hi Ache.

Yes and shareholders only receive a digital subscription to the magazine if their shares are held directly through the registrar. So no digital magazine if you hold shares in an isa or via a nominee.

Billzo.

What do mean by “signed up”? Have you had to register in advance or do you just mean get the letter of representation?

My share holding is held through my broker who acts as a nominee. I have asked for a letter of representation from them so that I can attend the AGM. This letter is on its way to me via the post. A very difficult process to get one’s point across to these directors. I expect my point to be ignored and to be fobbed off Is it worth doing?

When I saw the title of this RNS, I was encouraged that one of the directors might have put his hand in his own pocket and purchased shares in our Company at his own expense. However it appears that 3 of them have been awarded share options at this very low price as part of their annual bonus for this year and therefore at the expense of the other shareholders ie us.

I see no reason why any of them should be awarded any bonus for the extremely poor performance they have delivered and I am furious.

Rogue. Are you going? Do you think our attendance could make a difference?

Billzo

I am thinking about whether to attend the AGM. It is so time consuming for me and the cost of travel. I have already voted against all but the Chairman. Do you think we could make a difference by attending?

Gulfharbour

I think You should receive an invitation from the registrar if you hold shares directly or from your stock broker if stock is held by a nominee. I think this invitation will explain what ID is required. There will usually be an announcement of the AGM on the Company website.

Give em hell Billzo.

I will think about going too.

Billzo

By the way; The meeting will be held in London this year.

Spights.

I don’t know but it could be what they call “shaking the tree”. Look it up. Market Makers are clearly marking the price down even in fairly small traded volume. I think short selling is similar to this in some ways. I would welcome another view or even your explanation of what is actually happening.

Billzo

The AGM is in person only this year due to the high cost of setting up a remote meeting and there was very limited uptake last year.

They didn’t say but the real reason might be they don’t want to be asked awkward questions or be held to account.

Spights

Stop going on about shorting. It doesn’t help and It is the same for all shares.

Billzo.

I replied to you once already but my reply has not been registered on here.

I will try to find out whether we can attend online.

They know that most small shareholders can’t attend in person.

I just submitted my votes for the AGM. Voted against each of the BOD except the Chairman because he has a lot of skin in the game. This is the way to let them know your feelings.