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The Results, and Titan's Return
sugarbeast - Wed, 01 Jan 03 :
some simple maths.
at £4 per machine sold:
50,000 sold = revenue of £200,000 i.e. equivalent to a share price of 1.6p
100,000 £400,000 2.9p
500,000 £2,000,000 13p
it is my strong opinion that £4 per machine,which is likely to retail at >£200
is too little.Titan Ltd are picking Monotub up for nothing and fleecing us shareholders.
I strongly urge all shareholders to get their shares out of nominee accounts so that they have a vote at the EGM.
DO IT QUICKLY,TOMORROW IF POSSIBLE.
individuals probably account for 30-40% of the shares.your vote counts.we can force Titan to pay a more reasonable £25 per machine or block the takeover.
I WOULD RATHER GET NOTHING THAN BE RIPPED OFF BY THE PEOPLE WHO SCREWED THIS COMPANY UP IN THE FIRST PLACE.
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