Member Info for CHEATED

The board do not seem to have any strategy to combat this fall. They are behaving like a true plank.

I wonder if 100,000 shares were taken out of Treasury and sold on the market with a limit of £16 a share.
Would this really upset the hedge funds so that they would go elsewhere?
We need to get back to normal again.
It would be nice to hear something positive from the BOD.

It looks like they are now not afraid to hold their shares. Previously it was just a buying of dividends episode.
They had no self-confidence in themselves.

I hope that the board is considering large reductions in salaries to match its woeful performance.

One question puzzles me. When the split is mentioned, nobody clarifies how it is going to be financed.
1. Borrow 4 billion to cover all expenses.
2. The CEO will pay for it out of her piggy bank.
3. The ' split hoard 'under the floor boards will see daylight.
4. Dividends will be drastically cut. Shareholders , in our life time, will never see any benefits but the banks will, gathering the interest on the loan.
5. The new company will start off holding the debt burden of 4 billion, and will not show a profit for 20 years.

Maybe this is just a stupid question that should not be asked. After all, we could claim it as a tax loss.

Automatic reinvestment over a period of 10 years in my case falls far short of the amount of the original purchase price, in my case £10,000 loss on 4000 shares and I never bought at the highest price.
I have reason to be dissatisfied with the way the firm is being run. I still think that the company is sound enough to weather the storm but it could do a lot more to protect shareholders. No point in turning a blind eye to the present situation.

This firm would need to get its self-respect back. It is a total disaster and the laughing stock of the investing market. How can it revive?
Well it could return a dollop of cash to investors from the 'SPLIT HOARD'
That would be a start!

have a Big Mac with your vaccine!

Imagine a take -over by Mc Donalds!

Watch this joke end up in a take-over.
As long as you have more money than you can spend, have a good laugh at the juggling tricks.
There must be groups of billionaires lurking about with lots of loose cash, possibly in other sections of the market, especially in the USA.
We will eventually get our losses back with interest. Some like to bottom fish.

I think the split is really a fairy tale. If it had been genuine it would have occurred a year ago. it really is an excuse to create a fund in order to give retiring directors a golden parachute . One must retain a sense of humour.

The money shelved away for the vanity split project should be returned to shareholders.

The split was designed to lumber one of the parts with a pile of debt.

What do you think of the strategy of all private investors putting in a sale notice on their stock at £20 a share?
Could we have the last laugh?
it might be worth a try.

It is time the sleepy journalists started an in- depth investigation into this fiasco.
It should be a good story and maybe a few players will end up in jail.

Ultimately, this is a nail in the coffin of the London Stock Exchange.

You are justified in what you say. There is no morality where money is concerned. I pumped another £1000 into this today as I only believe in the long term.
When sanity prevails, I hope with a hostile bid, we shall regain our self=respect.

This episode should get the gold medal for corruption.
Pity the London Stock Exchange turned a blind eye!

The split is a washout now, a vanity project.
We need new directors and a smarter CEO.
Share is a strong buy.
A consortium of investors could step in and clear the decks.
We need a hostile take-over.

I agree with you. Splitting the company is a windfall for legal sharks. You are right about principles. They, like common sense, are fading off the planet.

Surely some of the largest Pharma companies in the world could put in a take-over bid for this firm. They could snap it up for £16 a share.
Cheap at the price.