RE: Placing25 Jun 2025 10:24
So let’s be clear.
Even after losing you all millions, the directors diluted you a further 4.5m shares, just 7 days before they wound this up.
This was for deferred wages while they were collapsing the company from a 100% owned asset into a 20% asset ….then into no asset at all. So despite their total failure and huge losses of your capital their very last act was to dilute you just a little further, 100% for their own gain. Clearly there are no morals or scruples in play here, not even an admission that they failed and let everyone down. You could be angry about this final slap in the face but really you just have to feel sorry for these kinds of people where failure is rewarded regardless, accountability is an alien concept and they will never learn…they WILL do it all again.