I’m £100k down and will be with you guys on 5th March also voting no and asking difficult questions.
In preparation it would be good if :
A) We agree a place to meet maybe a hour before and introduce ourselves to each other. B) We confirm with the Nomad the exact voting format for the day beforehand. Those with a memory will remember Colin ignoring postal votes in the past.
Post Consolidation I’ll only need the share price to hit £2.40 and I’ll have my money back.
So, there’s zero chance of that ever happening. I’m minded to vote against the consolidation, vote against the new board. If it means AST goes bankrupt better that than allow parasites live of my loss.
I don’t believe they have £23M of assets and neither does the market or the share price would not be where we are. Your suggestion of selling up if they could materialise £23m would be most welcome by myself and many others on here. It’s not a possibility in my opinion because I doubt the valuation.
I did submit questions to the call, and the previous one 12 months earlier.
As for what I’d like done differently ;
Legal advice to be shared with shareholders. A cash flow statement with actual expenditure detailed. Information on what our Business Partners in Slovenia have done about the permitting situation.
As for my personal holdings, I don’t share or gloat when I profit, it’s my business. All I would say is my average is now less than half the original, a couple of grand and these prices will substantially lower most LTH’s average. I don’t assume everyone is in the position to be able to do that so I don’t shout about it.
I’m of the opinion AST could go either way, you disagree. I hope your right but facts are the market and the past 3 years have a less optimistic view.
Obviously you’ve got the wrong end of the stick, I’m not attacking anyone for buying millions at current prices. I’m very much of the opinion good luck to all traders, it’s not nice for anyone to be down. Just that the Board has a very long history of failure, that’s a fact.
In closing, who says I haven’t bought a few million at current prices? I haven’t. Also who says I haven’t traded over the past few years for some wins to offset the losses, again I haven’t.