The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Its not about me filling you with confidence. Its about whether cap-xx fills you with confidence that it can be trusted to act in the interests of ALL shareholders. There are many examples of companies cutting retail investors out of any buyout deals by one way or another.
It used to be that as small companies thrive and grow, which is what capxx seem to be doing, that this would be reflected in the sp. This would place it well for a buyout price that would deliver a return for all shareholders. Aim is now a place for strangling small businesses and for unscrupulous self serving directors.
With the sp so low now, i can't see directors waiting another 5yrs + to see a financial return so imo its likely some deal will be done that rewards the capxx team and close associates that will exclude retail investors by hook or by crook. Institutional investors will approve it because that is what they do.
I dont see many reassuring responses to my question 'can they be trusted' which is what potential retail investors need to hear, of which i am one. No nasty motives here, far from it, just looking for companies with big growth potential but I dont want to throw away good money. I sense yet another aim stitch up - all the ingredients are there.
Anyway, it's all about health and not wealth.
Very unlikely that maxwell will fight this all the way. More likely a deal will be done which may be part of a buyout arrangement. The future looks very bright for the capxx team, question is can you trust them to bring retail investors along with them. History on aim suggests otherwise. Been reading up on last few years rnss and doesn't fill me with confidence as rarely a mention of private shareholders. Personally, think they will be left up the creek without a paddle but hope i'm wrong.
It's all a question of trust but when most are so far underwater then probably most have written this off anyway like most stories on aim these days.
Why should they be trusted? Interested in educated responses rather than abuse.
Awards & ethics are well and good but directors will save themselves first in a sinking ship. This imo is clearly heading to a cheap buyout as director shares worth has dissapeared and is unlkely to recover for years. The only way they can recover it financially for themselves would be to agree a deal for the capxx team and mates only. Imo, the sp will now be driven down to a point to suit the deal. Very sad for shareholders. Hope I'm wrong but looks like another aim stitch up.
Company will be bought out for a penny with a sweetner deal for the capxx team and there mates. You heard it hear first. Should have sold up when you had the chance. Another aim scam in the making imo.
I'm sending a 3 generation family photo to CF at local site office stating the personal loss affecting me, my children and my parents. He can then put a face to us rather than just see us as anonymous numbers. It's very difficult to forget a face.
I'll include a pin for him to make it easy to attach to his office pinboard.
Mugged again by the rich and the richer.
Aim has evolved over the last 5 years in a way that it is now purely a vehicle to deliberately fleece private investors of their pensions and savings. Directors and the whole fraudulent system have so many ways to achieve their robbing aim with no credible watchdogs to protect investors interests.
Well perhaps, just perhaps, they just picked the wrong fight here. Yorkshire folk tell it as it is and do not take kindly to being taken for mugs. Wouldn't it be great if this was the turning point with Aim, the end of the robbing of honest folk & we can tell our grandchildren that it was the grit and determination of the Yorkshire folk who ended the blatant corruption on the Aim market, and it started here with Sirius.
And let the world be cleansed of this evil, amen.
Before choosing to invest in sxx, lol
https://www.fca.org.uk/scamsmart/how-avoid-investment-scams
Before choosing to invest in sxx, Lol
https://www.fca.org.uk/scamsmart/how-avoid-investment-scams