RE: It's all to do with trust....13 Feb 2020 10:05
And that is why each shareholder must weigh up the situation and vote according to their reading of the situation. The problem is of course lack of communication from BoD. On the one hand threre is a desire for more clarity from the BoD and the desire to understand the lomg term strategy for all compounds. Plus I suspect an explanation on the disastrous fund raise last year and a head to roll.
On the other hand a note vote could be the trigger for the very scenario you describe. Personally I suspect that there is one more consolidation in this giving a rinse and repeat opportunity. That leaves the yes voters with the hope of a bounce after consolidation and the potential to recoup something whilst the no voters are already 99% down so effectively wiped out already.
So that is the choice each and everyone of us face. Newbies, it is a sobering thought that I have lost £46.95 every day over the last 7 years given the dilution and value erosion.
That said it is also easy to forget why the company exists and that we are supporting cancer research as wellas Enometriosis which is very debilitating and a massive market.
Would you rather have a percentage of something or 100% of nothing. That's the potential choice. Go to the AGM, hear the arguments first hand, make your choice and cast your vote. All IMO DYOR