RE: P140 Strengthens Again: More Value, More Leverage31 Mar 2026 18:01
It feels more and more as if there is a team of people working from the inside here, determined to gloss over any serious issues to do with management or previous performance - don’t look at the past just focus on the future which is all rosy etc - and all come up with long winded and similarly worded explanations of what’s ‘really’ going on.
In truth, Tim, the great deliverer (NOT) has just spent the last six months setting IMM Directors up for another two years of healthy salaries. Hey, how about actually buying some shares Tim, Tim and Sebastien, rather than diluting all your shares holders time after time with the excuse that it’s putting the company in a better position. After several years of this and contradictory statements eg we have no need for a raise as cash will come from deals swiftly followed by We’ve done a fundraise because that imminent deal we told you about actually isn’t happening any time soon - but’ keep the faith’ guys, it’s all good news for shares holders and we’re creating value in spite of the number of shares increasing and the share price dropping by 60% in the last six months. Honest, we’re working hard (for us, not you) and please just keep your cash in here and keep buying so Lanstead can make a nice profit and give us our monthly pay cheques for another 20 months. Thanks.