Posts

Showing posts from April, 2026

More can only now be told. Octopus loses another leg. The £90m+ loss for 2025 is a damning indictment of the Directors and Managers. Liquidation is the only logical solution.

Image
After weeks of being effectively gagged, I have today filed my Witness Statement in the High Court ahead of the trial on 20 October, a mere 4 months after the AGM and another £15m+ into the pockets of Octopus Investment staff and their and our Directors. A copy of my letter to those shareholders who have already contacted me, and to persuade "the usual suspects" at the various Nominee service providers (Gresham House says upto 35% of all shareholders) to pass on the message, is below and the pdf can be downloaded from my secure Box.com cloud storage. Please read the full copy below and send copies or the link to any shareholder you know.  https://app.box.com/s/zgba0oi4bh6lpmxxmxmnwjruk4a9bxye ......................................................................................................................... The copy Court documents that can only now be revealed are: 1.  Octopus' application to prevent any shareholder ever asking to convene a meeting to propose liqu...

Rats and Sinking ships? Food for thought after some poor shareholder yesterday had to sell shares at a 75% discount to NAV.

Image
I wonder just who is the "buyer of last resort" at these distressed sale prices and just what is their relationship/to and/or deal/understanding with the Directors, Octopus Management or the "Broker"?  A suitable question for the AGM. As I work up my High Court Witness Statement that has to be filed next week, and we wait with barely bated breath for Thursday's FY2025 results (already announnced as a disastrous loss of NAV) and the  webinar, I thought readers might like see what the numbers look like:

Trial listed for whole day on Tuesday 20 October 2026

 Open Court. Some, but not all, documents were in open court last week, Waiting for clarification before disclosure.