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Lol, "Communism - 100% failure rate"... Tell that to the Chinese haha. I'd much rather a modern day Democratic Socialism. Capitalism is not working because the cats get fatter, while the poor suffer to pay for the champagne on board their yauchts ... Anyway, we digress. Sirius are a bunch off ***holes and I hope the directors get their comeuppance. On the other hand, I'm still loaded and will switch from investor to trader. Fed up of playing the long game, only to get shafted.
We've been had. Well and truly. Private investors pay for a project and the profits are ripped from beneath their feet... Why should anyone else succeed. Pretty much sums up society, as a whole. Rich stuffing over the poor, while we keep saying 'Yes'ir'. All our money together = All their money.
A Mars Bar goes up 25%, while it's size is reduced by a 5th... The workers don't get a rise but slog on, buyers just suck it up - they want their chocolate, and the board walks away with a nice fat bonus.
Capitalism sucks and we're all muppets lol.
at a 70% loss - I'd rather CF's 123M shares get him nothing, than vote for and being manipulated into accepting a terrible offer. I want my OO money back before I accept anything. Appreciate that isn't going to happen but CF deserves to walk away with nothing, unless he can get AA to up their offer. WE have paid for 1.1 Billion of investment and they're offering us <450M back. It's an absolute P-take imo. I'm hoping something can be done for LTH's to get some value back from their loyalty, trust and support for this project. I'd even take a fully valued stake in AA, for my shares' original cost.
can they present an Open offer of 15p, when the total assets aren't worth even a 3rd of that offer... and then basically flush our money down the drain and snatch up AA's offer. It's completely dodgy. I've already messaged ShareSOC but I doubt anything will come of that. Personally feel that anyone who took up the OO should get their money back - It's not like it's been used in the way it was sold to us.
Sirius say they want better value for us or someone else comes in, with a better offer and starts a bidding war... Could be anything. I think Sirius should demand 15p for anyone who took the Open Offer or their heads will be lopped off by the FSA
I think that's what they were already holding and not new? Anyone over 1% has to declare
We'll have a few weeks yet, to see what happens, before any offer is pulled or indeed increased by AAL or a.nother. Keep holding IMO, lets at least see what happens on the GrapeVine. I'd be happy investing more, to know that I'll get more than 5.5p in a year or so. Being an LTH, that's seen this nearly ten fold and still hold, I'm completely devasted to have accepted the Open Offer, for CF and Co to pull the plug and sell all us PI's out. I'd definitely be complaining to the regulators about the dishonesty and the clearly dodgy goings on... Have already sent a FAO Maek Bentley, through the ShareSOC contact page - hopefully he'll get the point if a number of us speak up.
… take 5.5p or dilute the share and help fund SXX through to delivery? Surely another Open Offer to sink the first shaft and get the belt going, is better than taking massive losses?
So we were all told to buy the open offer at 15p, they then bailed because of the US-China talks and it immediately dropped through the floor to 3/3.5p and now they're looking to give the company away for 5/5.5p... This must be the dodgiest bit of private investor theft ever. I can't see how the regulators can do anything else other than investigate this... Take money from the public and then give them back a third. I was in at 22p ffs!! This was at ~50p at one point, without half the current build complete.
of people on here that talk with themselves over different account names, to ramp/de-ramp etc. Don't be fooled peeps, especially if a couple of posts (they) keep referring to other shares being worth a punt lol.
Be patient here IMO