WNX 13.9% 69.5¢ wellnex life limited

Legal claim on former CEO, page-21

  1. 19,072 Posts.
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    No Josef,

    I sold out at $2.35. I bought in at around 78 cents. Unlike you, I did a lot of my own research and I listened to warnings from other posters like 8horse.

    You didn't.

    It was your choice.

    Sure, Management of this company need to accept a lot of the mistakes made. And if you read my posts, warning shareholders, you would know where I stand on this.

    But you also need to accept some of your own mistakes - especially buying back in, when you saw what was happening.

    The fact has been clear to anyone who reviewed the quarterlies and financials, that WHA was NOT making money anywhere - not in China, not in India, and not in Australia.

    Still you chose to take those risks; even buying back in after you knew the risks. That was your mistake and you need to accept it, rather than having a go at the ethnicity of the people who ran the company.

    As a current shareholder, you have a right to complain to ASIC and if you choose to, launch a class action with fellow shareholders, against the company.

    Good luck to all current holders.
 
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