RE: SOLO18 Dec 2018 20:36
For example
Sent: Friday, April 8, 2016 09:46
To: Neil Ritson
Subject: Re: Solo
Hi Neil
During the last half of 2015 you advised me Solo had funds for the additional purchase of Kiliwani from AEX. I was therefore surprised and annoyed that you announced yesterday, yet further dilution for this purchase. Every time we seem to get good news and the share price beings to rise, it's soon reversed by an announcement of more shares in issue. Our SP is pretty much at an all time low, even though we have had a run of positive news. This is down to the fear of dilution, which once again has been proved to be the case. Shareholders do not understand why you have decided to raise funds when the share price is so low. It appears we are assisting AEX with their finance problems, when we should be looking after our own company. I very much hope in future you consider your existing long term shareholders, as at present this does not appear to be the case.
Regards