This company is a demonstration of why small shareholders don't trust the City. A cabal of institutional shareholders decide to completely change the strategy without consultation. Would be okay if an Exit strategy had been offered. Offering to '..consider reactivating the Company's share buyback programme ' doesn't really cut it for me. Buybacks cut the management fees - I can't see that happening.
Was it Harold Wilson who coined the phrase 'The Unacceptable face of Capitalism?'