I sense that shareholders in AIM listed management lifestyle, oops meant to say oilfield services company, Vialogy (LSE:VIY) are not exactly my biggest fans. I warned them to bale at 2.125p in the autumn on the basis that the company was ramping its shares with spurious announcements ahead of a rescue fund raise. I warned them to sell again at 1.625p in early February when, lo and behold, there was a rescue fund raise and I warn them at 1.3p to sell again now.
That original article contains the full details of grotesque management pay packages over many years and of half a decade of abject non delivery. If you are squeamish do not read the article but by way of background to what has gone on here you should brace yourself and click HERE
And now for the observations:
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