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Please login or register to post a message on Share Chat. Company was going to put money in shareholders accounts for fractional shares, just interested to know what price company paid. As you will be aware this is my first series of posts on LSE. TXO along with your colleague yarsan’s contribution. For those who have not done so I would strongly recommend that you do.
Individuals must of course reach their own conclusions but it is very obvious to me that your knowledge of financial markets and research into TXO in particular is second to none. Equally important you can construct a good argument. Always demolishing the ravings of rampers. With this in mind I would like your opinion on a suggestion? As with many investors I suspect, I have rather limited knowledge of the technical aspects and procedures and find it difficult to put forward a relevant and cogent argument to the regulatory authorities. With this in mind do you think it would be helpful if a well constructed petition was presented signed individually by all who feel that the board have behaved appallingly with no regard for their shareholders? I accept that individual complaints would carry more weight but this would be outweighed by a very large number of signed petitions with well constructed arguments?
It would also be possible for individuals to state the losses they have accumulated. As you suggest the total losses as a proportion of the companies market cap appear less than the cost of a cup of tea and a bun as shareholder value has been destroyed by gross mismanagement and constant dilution. However the total loss by the community of long term holders is very significant. Finally I accept that this is an imposition on you both ,and a rejection of this proposal is fully understandable.
Once again my thanks for all that you have done for our community. I look forward to hearing from you. For the technically challenged how do I access this new thread ? Many Many thanks for creating an account here. I had heard about you posting on ADVFN but had not ever used that platform. I and many others like me are very greatful for your resolve for not giving up.
You and Yarsan and Corbine are our ammbassadors and i hope together we can bring the crooks to justice. I have copied all my posts onto t39x thread. I will monitor that thread only. I doubt this thread will close down as feared, that normally happens when the ticker gets reused or the board goes completely dead. But as most activity is now on the t39x thread that seems like the best one to use.