As a holder of shares which i bought at a higher rate and cannot dispose off now since it doesn’t make sense, I feel that SKR has played not only us retail holders, but also investors like Shankar Sharma for idiots.
His two bonuses, two dividends, promises of ESOP buyback, fake acquisitions which were later rescinded, listing on Nasdaq, bs talks of AI et al was targeted to make stock climb to irrational highs
Whether he took advantage of those rates, I cannot say, but his shell cos, the LLCs definitely did.
Any basic study of his actions in the last two years reek of criminal disregard for retail shareholders. The rascal knew that retail shareholders will not be able to unite to prosecute him. Retail shareholders will be stumped as to how to proceed, but I do hope the biggest hnis get together and prosecute him.
