From 4th Feb 20208 Oct 2021 11:50
“We are very excited in the potential of AIHL, which has obtained CE marking in the period, and whilst we are cautious on meeting our short-term revenue expectations, we also remain confident in the long-term potential of the DoD and the HCV markets.”
"genedrive shares fell 9.5p to 11.5p."
Despite the serious lack of performance they then got WHO prequalification and the SP rose around 2700% from that point, David then did a placing and paid himself a £200k bonus as a pat on the back for being cash positive.
2 things:
1. This had several rockets in the last 18 months.
2. Is it actually completely legal to pay yourself a bonus in this way?
Given how misleading its all been and the deliberate and what seems to be an intentional lack of wilful clarification from Walbrook - isn't it all a bit criminal and if so why are people just sitting on heavy losses waiting to fix that by averaging down? AIM isn't particularly regulated, thats a given, but if you have invested based on certain 'facts' and then those facts have turned out to be, how shall I put it, inaccurate, surely there's some comeback?