Please correct me if I am wrongPFS deal around April 2020No....

Please correct me if I am wrong
PFS deal around April 2020
No. shares on issue 2019 pre deal 254 Million
No. shares on issue 2021 post deal 351 Million
Most of these no doubt went to Instos?
Debt pre deal zero
Debt post deal 42 Million
Deal is apparently a flop?
100 Million extra shares (not to mention debt increasing) to basically "do the deal" then increasing costs as a result.
We are told profits sink due to cost of deal. Is that not correct?
If you balloon your number of "shares on issue" to mainly instos, what do you expect?
Them to be all friendly, your mates and chummy like and keep patting you on the back?
They don't "care" about the company..(hint : it's not actually *their* money....it's their clients).
They couldn't care less.
So why imply it's "the shorts" to blame?
It's easy money for them and you've given them 100 million shares in recent years?!. some with the ability to "lend out".. so what to you expect instos to do?
Is it any wonder the shares have tanked.
So when will management fess up and take responsibility for the deal going wrong and the resulting decline in share price?
NA/IMO