RE: What vote is best for our investment here….15 Jun 2025 20:37
M22C ~ You are correct ~ BUT ~ If the current BoD wanted us to vote in favour of the share issue surely they would have provided some positive rationale and forward looking statement regarding their intentions and forward plans .
The old BoD are long gone , however Lunn has a tangible link to both Evans , the deceased CFO and their previous dishonourable activities . The jury is out on RM , our mute CEO , but I suspect his motivation is to facilitate some arrangement or merger with GV so that he will be able to activate his return ticket .
I imagine they may be testing the temperature of the water and realising there is serious discontent may yet issue a statement , RNS , clarifying their intentions . I doubt that Lunn will get any money out if this proposal is voted down . Likewise , I doubt that RM will achieve his objectives unless the Company is re listed as a going concern . After all the shenanigans and previous deceit I doubt that Lunn or RM would wish to see this go legal , and in this respect there is serious risk . Irrespective of the dilution , we all want the stock back on the market for different reasons , the BoD just have to provide an acceptable rationale .