I've never worked for GSW, I don't hate management, I just happen to agree with the allegations made by ASIC. Not sure what ball you are talking about. But if evaporating 75% of a company's market cap isn't dropping the ball, then I don't know what is.
Let's look at it form FIL's perspective shall we, they invested $75m and now they own circa 10% of a company with an EV of circa $130m. But anyway, we obviously have different interpretations of what dropping the ball actually entails.
I'm here for the theatre and to put my 2 cents in where I think it's appropriate (and when asked). Since I've been involved in these threads, more than a few of the most hardcore supporters have seen the light, and I can bet that there will be more to come. GLTAH
Have a good weekend.
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