Dear Investors at times like this we need to make our displeasure known. There are a lot of things going on in the NSE and the market in general that needs explanation but we are never given one. I really do not know what is going on with Oscar but this is a new low for me if he is doing a policy somersault on placing equities on technical suspension while raising funds.
My question is why is this waiver been granted to Access while other companies did not get it? Is it beacuse Aig-Imoukhede is back as NSE president? How does a move like this benefit the shareholders? Why is the NSE colluding with these shameless people in the name of "cowboys" in manipulating the market and making lives miserable for the ordinary investors? how do you instil confidence in the market with actions like this and why does the NSE not feel it owes investors a duty to explain the infractions.
I know we live in a country where questions are not asked but we all realize that the landscape is changing. Before if you steal public funds in Nigeria , nobody could say anything but these days if you steal , people will point fingers at you and accuse that you stole. We are going to get to the point where there will be consequences as who will have at the moment does not give a damn and there is a difference between stealing and corruption
Be that as it may, I enjoin all investors to write to the NSE to demand explanations. If you keep quiet , they will think they have got away with it. Apparently if they see a deluge of letters hammering on the same point, maybe the DG will be forced to offer an explanation. If they fail to offer an explanation then we can interpret the way we want as we gave them the opportunity to do so but they declined
you can write Oscar ONYEMA at email@example.com
you can crash their twitter handle at https://twitter.com/nsecontact
I just do not know what to make of SEC who cannot produce results and expect companies they regulate to .
Lets join hands in this. This rubbish must stop. We work hard for the money we invest . We cannot fold our hands and watch people manipulate our hard earned money for their selfish interest