UK 11:31 Tuesday, 6 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Come on guys, where’s even the ingenuity these days? It's laughable. My thoughts respectively on the announcements from Motive Television (MTV) at 4:31pm yesterday and 10:11am today following my article on Monday HERE…
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Comments
MTV Mug
Steve
You let them off too lightly!
It’s not just 1 recent consolidation! They had to carry out a 5-1 consolidation earlier this year (March) too as the share price had collapsed to below the nominal value thus making fund raising through issue of fresh equity impossible.
So, we’ve had 2 consolidations both of which were necessitated by the disastrous erosion of value here.
The way that the SP is crashing today and with no sign of anything on the horizon to stop the rot, how long before the next consolidation is required to keep the gravy train running?
P.S – on the FAQ section of the MTV website there is a question posed by an investor from about a year ago….
Q “Do you have any plans in the future to reduce the amount of shares in issue”?
A “There are no plans at this time to consolidate the ordinary shares. Shareholders have made clear that they are against a consolidation in the past”.
So, in the response, a faux concern and deference to shareholder wishes is expressed yet, within the ensuing 12 months a 5-1 and a 100-1 consolidation is carried out. Whatever happened to “Shareholders have made clear that they are against a consolidation in the past”?
Directors greed trumps Investors expressed wishes every time! It would have been kinder to the investors to have pulled the plug on the company the 1st time the share price went below nominal level as most long termers would have written off their “investment” but, no, this bunch of clowns are determined to continue bleeding the carcass dry.
This farce has to end soon surely? This has to be one of the biggest piss takes in history.
PPS. An investor wrote to Fertig last night expressing his disgust at his antics. His response was
“Thank you for your polite criticism. You are obviously a sophisticated thinker
and express yourself well”. ENDS!
What an absolute piece of work the man is!