Hey Resourced, you get kicked around a bit but your points are valid and backed up. People might not like it or are sick of hearing about it but you are absolutely right. This ce mark has been a stuff up from the start and has cost 5c in share price and loss of credibility than if they had kept the investors in the company informed. No we don't expect a letter every week as some one suggested, but this was an important date that was touted for 7 months and as recently as 1 june. And they knew 2 weeks ago it wasn't going to happen. 12 June the QUT already re-worded to "later in the year".
Sure it'l come, and expect say a 20% pop, but from 45c not 50c. And when they want to raise more cash in a few more months it will mean more shares to get that needed capital which is a further dilution. Avoidable. Thanks SM and your obviously expert advisers. But as we know there was something else stirring in the pot which has not been revealed as to why the late lodgement.
Most want to give the management a free pass, not this kid!
As Socrates said "Just because the majority believe something, it doesn't make it right", and they killed him.
I'm sure you fate will be kinder Resourced.
- Forums
- ASX - By Stock
- TIS
- ce mark update
ce mark update, page-18
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TIS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online