Goldie.....as I have mentioned some time ago a belief that that last consolidation ,20:1, actually hurt the McNeils big time, their equity got hammered. In this context I believe Peter has been working on clawing some of that lost equity back ever since and in any way he can legally do it. The results are, for example, Peter having to declare a close to $400k income for the 2016-2017 financial year.
As for us shareholders whose equity also got hammered well...if you're one of the lucky ones, you won't know what that felt like.
As FNT shareholders at that time we just had to suck it up.....no favoured roads to recovery available for us.
