completely hopeless company

Because fatsos are at work. Directors Remuneration Report is mind boggling. They in total got a raise from 456416 in 2008 to 790792 in 2009. Finance Director awarded more than 100% because he came out with fantastic idea of consolidating shareholder value. ENG shares have already gone down to .01cent. It cannot go more down. So consolidate it to 50:1 ratio; giving them leverage to go on issuing more incentive shares bringing it back to 1cent share.
On Voting Form they clearly say your vote will have no meaning "ITS advisory only".
Since last 4years company is not making any money and the Report do not give any indication that they will do so. Better liquidate it... as it is my shares have no value.