I have read the recent announcements by NTL, but, seek...

I have read the recent announcements by NTL, but, seek clarification and quantification on my holding.

Apparently, this is not a rights or entitlement issue. The value of the new shares to be issued is unclear.

It would be good if NTL advised current SH about the dilution after this offer closes. 10:1 or otherwise.

Really don't have time to calculate the ramifications, as I am too busy getting my hands dirty working.

Whilst the BOD and other "sophisitacted investors", have larger holdings than other SH, NTL, as an entity
listed on two stock exchanges, must have a duty of care to explain changes to any of the company.

Moreover, announcements need to explain to those SH not privy to boardroom desicions, (workers),
what, will happen to their investment, which was made in good faith for a return on the investment.

My SH may be small, but I worked hard for the amount invested. I sweat in summer, freeze in winter.

Perhaps, I am a silly old bugger, who should put my money under the bed.

Please explain.