I decided today to finalise my position in this company. I have held for many many years and endured heartache and downright lies even through the good times!!!
I did attend the AGM and the reasons for my exit include
(1) Lack of retun calls in recent times (2) Need to raise $3m and possible dilution just to keep alive (3) More management than Indians and are all paid quite well considering the amount of $$$ coming in. Their worth yet to be confirmed in generated revenue. (4) Black Cash flow news pushed back until mid 2009 (5) The overall market
I hope other people in the same position as me who hold get your money back. Good Luck.
Tata
AHL Price at posting:
0.5¢ Sentiment: None Disclosure: Not Held