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Clive Carver was/is brain behind AST.
During his time Hendos made circa 10mln with help of CH inflating sentiment.
SP when CC joined was 32p , when left 0.3sp ..+ factor in share consolidation 20:1.
This is true record.
what happened?
He and the last forest grandpa in AST BoD needs go..
AST misery stared from appointing junior apprentice CH, who accepted instructions to inflate sentiment here so Hendos can convert 1p CLN at 2p+. Clever game which keept SP unchanged despite of MCAP increase x8. Then we have interesting period of short selling new gas producer , advertising unsustainable gas flows, not being transparent, also forgot about tools stuck in PG11, overlooked opportunity to use compressor. More recently requested share cap to be removed and lied it is to be in better position during strategic review, which he knew means to end without any offer. He then decided to dilute and use money to pay BoD wages and, without asking PI.. to invest in.... Croatia..
It is just a tip of iceberg but in essence CH work is long record generating opportunities for 'friends' (Primary Bid, Hendos, others..) and total and utter failure to generate any shareholder value... with great excuses.
Vote OUT.
Sol633, I have been working in London City for 10 years, with dozens of clients. Cant recall one which does not buy overpriced or needless services. Any attempt to question rationale behind it means 'exit door'.
It is called 'Polichinelle secret' and competition to control such opportunities is insane, elsewhere also known as corruption.