First it was off to arbitration to defend our legal rights...yeah nah (and sue a company with no assets?)
Then it was give away 13% of the company for free to Surya Paloh to be the eyes and ears and negotiate with stakeholders....yeah nah (no mention of any negotiation and the company was blindsided by this latest news....eyes and ears need glasses and a hearing aid)
Now it is a criminal act and use the police........3 weeks from now .... presumably yeah nah
What will be next? As I said cross between Dad's Army and Keystone Kops.
The asset gets further and further away. The problems mount and the cash pile disappears.
The real problem with this company is that it invested all its time and $100m on protected forest land and relying on "legal agreements" which created an "economic interest" which carried massive risk. I'm not a lawyer and so I can't be sure if the nature of these agreements and the level of risk was disclosed properly and on a timely basis. I'll leave that to the lawyers (presumably the class action will decide)
I've done my dough. Lesson learned. But hard not to be angry.
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