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Old 9th Feb 2005, 18:33
  #12 (permalink)  
night_flight99
 
Join Date: Feb 1999
Location: Gloucestershire, UK
Age: 61
Posts: 27
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Brain Fade

The shares that the banks/institutions now own were "new" shares that were issued by the company. The shares in circulation then went up by a factor of 25!

As a shareholder you should have received a prospectus (end Nov I think), which detailed the issue of the new shares.

if you didn't reeceive the prospectus you should either chase up MYT or you don't own any shares! (in which case your judgement on whether MYT are worth anything is worth diddly squat!)

To avoid any question of bias, I am an Airbus Captain with MYT, with 10 years of service. Might I suggest, when we all make comments (critical or otherwise) of each others companies that we all state our experience/employers/interest. It might stop all of these half baked comments that make this rumour network such a devalued forum.
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