Interesting to look back on this announcement, with our share price at 16c equivalent (then, an all-time low). As we are now down a further 60%, they seem like much happier times, relatively speaking.
It is difficult to put into words how badly shareholders have been let down here.
We may have a relatively new board, but Nick Selby has been in the top job for long enough. Has he got what it takes? I thought so, but my faith is evaporating faster than my investment value.
Ann: Consolidation/Split - LOM, page-259
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