JLP's RNS yesterday5 Jun 2018 13:15
Just read the JLP RNS from yesterday, regarding our ditching of shares to pay Blue Square. Notably, Blue Square isn't mentioned, but the word "creditors" is.
Furthermore, Borrelli has not informed us that Blue Square are our creditors. He should have. As usual, he has tried to soften the blow.
We should be informed as to the specifics of what Blue Square has done for us exactly, and how in fact a third party can or should even have any affect on the conditions surrounding a licence reinstatement.
Surely this is almost FCA territory now isn't it?
Only my thoughts, but again, we have not received a proper explanation from Borrelli, the full picture, only that we again have a very high cost to pay for what appears to be very short-term work from Blue Square. Whatever that work is.
The FCA should be looking at this. In my view.