If it doesn’t make you bitter, then that’s exactly what management want. They want you to see how phenomenal ECS is and let that persuade you that the raise was a necessary evil.
It’s not just ECS, but so many listed companies get used and abused by institutional investment firms to help their clients continue to grow substantial wealth. To sit by and just accept things as they are is to accept this as the norm, which I simply won’t accept.
I’d love to see the regulating body have a closer look at the inner workings of the raise. You see so many continue to get away with it, so they do it again and gains recycling a different company each time. I don’t want to let ECS become another piece of junk for the profit takers. We invested for our own reasons, my reason wasn’t to see the wealth get even wealthier. I would be exceptionally surprised if Bells conducted this raise entirely within the scope of what they’re allowed to do. I want a closer look at it. It might seem like a self inflicted would wanting these things on my largest holding, but it’d be justice and peace of mind. I hope it would come back all clear, but I believe the water to be murky. Someone is making a frick tonne of money out of this raise, and it certainly isn’t you, me or anyone else on this forum. But it should be… and that’s why I’m bitter and peeved off, and that’s why we should all be feeling the same. I don’t accept the norm, I don’t accept how management has gone about this. I could continue to give 100 examples on how ridiculous this situation is. But I’ll continue to be met with “It’s going to help growth” , “Speed up development”, “We’re a good company”… but to be blinded by the bleeding obvious that ECS is doing almost everything right up until now, is pure toxic positivity.
Without criticism, there’s no learning, no progress and no critics. We need skepticism and reality to expose truth and lies happening underneath or noses.
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