I was onto Kahina immediately as not competent, she couldn't even spell, her grammar was sloppy, the content not well thought out. To me the fact that she held a PR position in the company was a red flag.
For this it was shoot the messenger.
Then I persisted to continue to make a clear and cogent case why it was a red flag and still I was hammered.
It's too much to ask for an apology, because those who did that are investors who were trying to see the upside and refusing to see the reality.
I've been there, believe me. This is why due diligence on management is a key factor before investing but you can still get caught out.
The article in Saturday's Business Age p.6 was comprehensive and damning about current management expenditure practices in particular. First class airline tickets, luxury hotels, colossal expenditure on meals and wine etc etc.
(PS Even Kahina's tweets are inaccurate, she couldn't even spell Leicester Square properly... "the boys at Lester square" , and one of her twitter friends asked what kind of job was she doing to get those perks...who knows what her qualifications/profession are?).
NWT Price at posting:
15.0¢ Sentiment: None Disclosure: Not Held
