Feel sick at the spin
I have been a long term stakeholder/shareholder in this company, I have listened to the company and Chris fraser repeatedly tell us shareholder value is vitaly important. I have listened to him all the way from 40p through two dilutions, one halving the share price and then another taking a further 25% of it, one which we were told would not occur. I have had investor relations via email encourage me that everything is great and will be brilliant all the way down. They actively censor their Facebook and twitter pages when anyone has warned about the impending dilutions. Listening to this company i have lost thousands upon thousands, all the time Chris fraser takes just under half a million bonus already on top of a huge salary. There is not a day that goes by now that I don't feel physically sick about this state of affairs, I don't sleep and can barely face looking. The most recent finance agreement which we were told would not be dilution has such a horrible set of terms I'm not sure if I will ever see my money again. He has issued lots of convertable bonds all with a clause to reprice them next year. Probably reprice them at a much lower price and further destroy my savings whilst the rich city lot richer.
It seems to me that this has been the plan all along, and we the private investors were set up to fund the whole project, all the time being told don't worry its going to be great for you. I feel sick for believeing such spin, but it's my fault for being drawn in I guess. Now I'm sat worried that those people who sirius continually censor, and who have been right, are right again and all I have to look forward to now is another dilution and then a consolidation, and with that will take my entire life savings to nothing.