MEL 0.00% 0.4¢ metgasco ltd

big thumbs down, page-57

  1. 214 Posts.
    I can't believe the people on the thread saying "Stop whinging and sell up then".

    So it is ok to keep handing these fools money and when they piss it down the toilet, simply take your 30%,40% or 50% loss and walkaway. What a joke. It is the shareholders company and is our right to whinge if management are woeful.

    The reason these companies keep behaving like they do is the current attitude of simply selling up and going elsewhere. There is no consequences and no risk and no-one to answer to.

    If it were a private operation I am sure that constantly diluting the current holders would lead to some serious consequences. Ah but as it is listed on the ASX it's all ok!

    WTF. There is no getting around the fact that these morons raised too little at a sellout price..PATHETIC!
 
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