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cmonaussie

10,914 Posts.

3634

11/07/14

13:15

Post #: 13645785
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Originally posted by gassed ↑

Cmonaussie. I couldn't wait to hear your reaction to that IIR "valuation".
Can't agree more re serious lenders falling for it for one second, but, there are then only two conclusions that you can draw and they are both very ugly.
Maybe, they do know of a financier who will accept that rubbish???? They are in the "west"(wild??) after all??
Or, worse still, if you say that the banks are "smarter than that, a lot smarter" then, who have they aimed that report at?? "The market"?? OR Us shareholders??
Don't they think we are "smarter than that, a lot smarter"??

That report now raises questions which are most unfortunate at this stage of the company's progress, without clear answers to the questions that it raises, the very credibility of the company is being brought into question.
Who commissioned the report? If AKK, what was the purpose?
If not AKK, then, why did they release it to the public??

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I didn't waste much time on it I can tell you that. Money talks and bullshit walks. Seems this report was a mash up to bullshit waltz.

But you should email the company and its media advisors and ask them what did they hope to achieve with the report.

AKK Price at posting: 1.2¢ Sentiment: Hold Disclosure: Held
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