RE: What on Earth is going on here?2 May 2020 23:16
@ InvestorJohn5.
It's clear where the hierarchy of this once great company, want to lead us.
Forget about where we are now, there will be IA in the future.
Mr Back has shown his true colours recently, and if it were not for the CWU then all sorts of changes would have been made.
To the total detriment of the service.
You would not believe how bad things are?
As I said, IA is IMO going to happen.
95% of my workmates think the same. The other 5% are fairly recent starters.
As for the institutions? Would you stay invested in a company that has reduced it's dividend to 0%? Bearing in mind that people have entrusted their pensions, life savings, childrens money to places that are supposed to be in the know.
A lot of these investors are having sleepless nights! As are the institutions.
Mr Back, I imagine, is not.
The power of the CWU and the very real potential of IA, will drag this share to below 100p. IMO!!!!