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So said our Chairperson, Dr Jane Griffiths - not a shareholder as far as I can see. (other director shareholding are minuscule). So either she has been totally taken by surprise watching the shares tank - or she was lying. Whichever, as Chairman, appointed to act on behalf of shareholders, its crass mismanagement and a disgrace. Other options existed but she chose not to take them - I believe in full knowledge of the likely outcome. Karma will reward her appropriately in due course.
Disappointing performance at 2 subsidiaries that make it look as though group executives had their eye off the ball. The consequent large sp pull-back today offers great buying opportunities for lth, but I will wait a few days to see how it settles.