As a shareholder, I have borne all the pain of this declining share price.
Now I'm being asked, in order to save that amount, to approve of the resolutions to bail out the Notes holders who have millions at stake and who will hardly be affected by the declining share price thanks to the new conversion terms now offered.
Why should I as a shareholder support these resolutions? I will vote, but not in support. I am not here to save any director's skin or job. If the company goes into administration, so be it. Otherwise, let the Notes holders also bear some of the pain. It shouldn't only be the shareholders. They are investors too. IMO, the board is banking on investors' apathy to push through these resolutions.
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