RE: So23 May 2020 20:10
Daniel thank you. JDwag who is a regular poster on Kibo posted an excellent post on KAT Thurs 19.08 LC thread. I would advise you to read it as to be honest it is an excellent post and for me describes everything you need to know about Kat and LC.
I was a big believer in Kibo, more because I believed in LC, I thought he may be a man of integrity and would buck the trend of AIM companies which pretty much are PI shafters. Unfortunately I got that disastrously wrong. I have pinched a bit of JD post….The bigger issue, as you rightly raise is who will actually benefit here given LC’s past behaviour? I noticed in the annual counts that LC gave him and the BOD a 100% pay rise. Be under no doubt, that is the first of a big rise coming, LC will be on £250k a year here before two shakes of a lambs tail……that about sums it up to me. I would never tell anyone to buy or sell, well I hope I never have, but I would be extremely wary of any company these individuals are concerned with as in all honesty it would appear to me the Kibo gravy train is coming to an end so where will they go next. Read the above about salary increase that answers the question for me. Good luck to you and all genuine holders in both companies.