Accrol Group Holdings - Re: ACRL Stream Log - I suspect (hope) what will...

I suspect (hope) what will happen is that a placing will get done but just at 35p instead of 50p. This obviously means more dilution for existing shareholders. But at this point the aim must surely be just to get the raising done irrespective of the dilution. X% or Y% of nothing is still nothing. A raising seems to be the only way to steady the ship in the ST and give the company (and all stakeholders) a fighting chance. Sadly I think the idea that the brothers or the LLP take a hit is fantasy. I have to say what I find most troubling about this saga is the brothers' refusal to put money to work in the latest RNS. I strongly feel that this more than anything spooked the market and undermined the 50p placing in the first place. Which in turn undermined the value of the brothers' residual stake. The message seems to be loud and clear - we are not throwing money into a lost cause. I am no Corbyn supporter but frankly this total disregard for stakeholders (and I'm thinking above of all about employees) is shocking. In summary whilst I echo the sentiment of deep disgust with owners / management, let's hope that they can get this placing away...