Once again we have a quartrly where managemnt have gone through $3/4 of a million in a quarter and have done jack all. Obviously Ramu is going ahead as planned but thats no thanks to management. Frieda looks to be quickening up in pace as the budgeted expense for this year will have been used up in the first 6 months of the year.
If managemnt at HIG cant get off their tutsies as a shareholder I would prefer if the company was amalgamated/merged into one of the larger investor funds like AMP, as what are HIG management doing in their Brisbane gentlemans club office apart from receiving their sallaries
HIG Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held