RE: SP Angel and MYSQ5 Nov 2018 12:49
I am writing to you as a shareholder with deep concerns over the company's nominated broker and advisor, SP Angel.
The lack of interest, attention to detail and promotional efforts by SP Angel has not gone unnoticed by many in the shareholding community, and while this is a source of deep frustration and thought by many to be causing resistance to the realisation of an appropriate valuation on the market, it is at least tolerable in the short term.
However, I am sure you are aware that MySquar, who SP Angel act as Nomad for and supported in their placement and admission to the market, have had trading suspended today and their CEO is facing accusations of fraud. I find it quite troubling that Bushveld finds itself associated and indeed linked to this organisation by way of being the company's nominated Broker. I feel that Bushveld can do far better in this respect, and is by a long stretch deserving of a Broker that not only appropriately values and promotes the organisation it is paid to represent, but also does not engage with companies that represent the very worst of AIM.
I look forward to hearing back from you.
Best Regards
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Think that covers the bases quite well.