RE: Good Afternoon,what can I say17 Apr 2026 18:52
Trout….
A compromise would have been the best option…as we agree on…
It was sticking with the current board or voting for change….
But I fear and think I’m probably correct as I earlier posted the BOD have gone with a scorched earth view… what has came out this afternoon further to the RNS this morning is indefensible from JM in depleting shareholders funds….which he publicly stated he wouldn’t to shareholder in a shareholders presentation.
This will only makes the situation worse which is self inflicted from a company stance….clearly they have thrown there own corporate governance out the window…..
This behaviour shows the lack of respect for any shareholders let alone LTH’s…
And again also shows a lack of market awareness, disconnection from shareholder and being miss advised….or frankly a complete disregard to all involved…
So the choices are…
1. Vote to keep the current board (One of whom is the CEO and leaving) who have indefensibly not got the best deal on a placing, then stated publicly they will not spend more funds then be caught out doing the complete opposite….while holding zero stock and have no connection with shareholders.
Or
2. Vote for change, the potential new board have major shareholdings, have potential blue chip industry directors, have market awareness, have huge social media followings, have industry connections (as stated by the current BOD themselves) and a plan…..
Either ones is a risk…..yet I’m certain one has more traction than the other.
The current board have made a car crash of this whole situation in my opinion and emphases my view.
Frankly have no words now..