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Elric, I have no interest in any company I’m not invested in.

The fact is we are where we are because of the BOD, they need to sort it. Trying to pass the book to investors or TW or whoever else is just weak.

One minute he’s saying he’s getting told by lawyers, nomads, brokers, analysts, market makers, the level of abuse is unprecedented, if true, does he not ask why? Then he says it’s just a few activist investors, so which is it? He needs to stop with the bs, step up and serve investors.

I do find it baffling that SA hasn’t worked out how to get less criticism.

Elric, if they are being weaponised maybe the executives should ask why, maybe a look in the mirror would help!

Yes, the comms is shoddy and it's fair that investors do highlight it. Investors will fill their boots when they have a reason to do so. It's not effected MD has it. It's down to the BOD, do your job then no one will complain and you will get new investors, simple.

Is it our fault we have a CEO that keeps stepping on landmines? Why are we still talking about it today? Do we want that kind of CEO in charge? You see the problem.

There is no conspiracy, just an observation that he promised an IMC, then all of a sudden there is doubt from one of the investors that speaks to him.

So Alex is worried we won’t get the IMC, now Elric is planting the seed that we won’t get the IMC, I wonder who that thought has come from?

As regards to the “hotbed for activists” Vigo filter and organise the questions before, so I don’t understand that comment.

Considering there is only a few activists, if I am correct SA seem intent on making 99% of shareholders suffer because of a small minority.

Funny old world!

I liked the end bit with Ashman & Elric, you said you’d took a pay cut but you didn’t , it was a temporary pay cut ( WTF) and a few months later it was back up to £300K+ a year. Ashman yes that’s true, Elric well I’ve a bit of a gripe with that. But thanks for your time 💋💋

Ashman still hasn’t bought shares in this WINNER for 3 years.

Hey Kitchen, you really should wait for the trading results before hanging a portrait of Ashman above your mantle place. This guys past RNS’s rarely if ever reflect his statements to Elric or anyone else.

Here’s a few, we don’t need money - a few days later he raises money. I will certainly buy shares when I’m able, nope sod all in 3 years. I’ve listen to the shareholders and have taken a pay cut, did I not say it was only for a few months.

But my favourite is the mysterious case of the director leaving due to ill health, which was a massive shock to the guy as he didn’t know he was ill

Tiny, these guys live in a different world to all of us. Now why would they hate him ? They’re too busy to be on here. Now Ashman I get that but he’s brought it on himself.

Beluga, maybe you didn’t see Bazzas last post. The last time Ashman bought shares in this company with the Holy Grail of cosmetics, was over three years ago. That’s an important fact. Now like you and Bazza I believe in the product Zenakine, but this is a concern. And not a chance was he prohibited for all that time.

Have a great weekend everyone.

Thanks for clearing that up. No U-turn then.

So do you think Ashman is the right guy to run Skin ?

Hey and if you side with Josh and this is what Josh thinks, do you want this clown running this company ?

Just one reminder of what Josh thought of Ashman in Sept 2025.

And As for the CEO…

And then there’s Mr Ashman, who appears to have developed a remarkable talent for PR self-harm. His habit of placing foot firmly in mouth is becoming less a quirk and more a structural risk. Most recently, his public admission — just three days after year-end — that he doesn’t know whether the company has met revenue targets would be comical, were it not so damaging. In the Big Top of AIM, this would be clownish; in a listed company, it’s frankly inexcusable.

Investors are also unforgiving of another recent gaffe: the expectation — clearly seeded in earlier communications — that the royalty veil would be lifted by the end of June. June came and went. Nothing. Not a number, not even a breadcrumb. Instead, yet more ambiguity. This is not just frustrating — it’s structurally corrosive. How can investors make rational decisions, allocate capital sensibly, or even believe the guidance they’re given, when the company appears so willing to set expectations, then silently duck them?

And let’s not forget the £4 million capital raise, with £4.8 million post Superdrug capex allegedly to fund the Axisbiotix launch — a cost estimated at £700,000. Given that even modest Croda royalties could have funded that outlay within one or two quarters, the decision raises fundamental concerns: was this capital truly necessary? Or just easier than managing the budget?

Is that Josh ? My goodness he’s done a U-turn.

The words he used to describe Ashman only a few months ago.

Kitchen, I hope your judgement is good.

As ….long …..as….. the….. Croda …..royalties…… money……isn’t …..wasted…… on …….under …..performing ……acquisitions.

Anyway it’s been a great week. I pray it continues and Mr Ashman backs up his statements with Elric with great results and as he suggested perhaps earlier than required.

When Ashman admitted he took a wage reduction, but actually only for a few months, I’m not sure Elric saying that’s a gripe is holding him accountable for being dishonest again.

Well don’t count on much revenue from Superdrug, even after Ashman said sales were going very well indeed. Zero reviews from customers for Psoriasis or Acne in over 3 months. It’s all about CRODA.

It sounds like P.I’s are going to be ignored again for the foreseeable future. Disgraceful yet again.

Kitchen, had you been here a while then you’d know what Ashman says and the truth are rarely the same. Also to complain about criticism and say how unfair it is from shareholders in a chat with someone, give us the chance to vote then a few days later decide best not do that is the norm for this shyster.