HAW 0.00% 6.1¢ hawthorn resources limited

poor management, page-4

  1. 11,407 Posts.
    Bevter and Mr Asia are spot on though.

    Why not make 400% profit in a month for its Hawthorne shareholders?

    Maybe the HAW directors are too busy with their fingers on the sell button dumping more HAW shares?

    Seriously....I think a year from here, HAW will either still be doing the same old 1c routine or be a lot lower.

    Great projects we're announced, the directors dumped $1 million worth of shares into the people who took them on their word, I personally questioned one on the phone and he basically said "I don’t have to answer to you"....I said "I'm a shareholder and we pay your wages"...so he said his selling was for personal reasons.

    Fair enough....but when I questioned about the other director selling shares also he said he didn't really know he was selling shares.....but if he was...its probably for personal reasons also.

    If you followed the selling then, it was very well choreographed so personally I believe the directors colluded on it and it was a coordinated company ramp to create hype to sell into....then sit back and watch shareholders scratch their head.

    Well we worked out who it was selling in the end and it was 2 HAW directors.

    They do get a good wage from the company....shareholder funded. They've been doing this job for over 8 years as directors.....what has been achieved?

    So ok...they take their wage....another half a million each just recently for their personal reasons....what’s next...they'll vote themselves more shares imo to put some more ammunition into sell weapons and repeat the process.

    Wages wise, company benefits, and selling shares...if you crunch the numbers...its quite a good little financial vehicle they have going on imo.

    The only problem is....the company is meant to be adding value to shareholders investment...or as a minimum...trying.

    I dont believe they have shareholders interests at heart....at all.

    They jumped up and down about shareholders like myself questioning their share dumping basically saying "its none of your business".

    When I see directors of this calibre I put them on my own banned list....I'll never trust HAW while they are at it and will make sure if I come across them in other company's....I'll probably not consider investing as why wouldn't they repeat their old game that’s worked for years.

    Everyone has to make a buck in life..we all need to survive this type of money vehicle is not on in my opinion......they simply dont leave anything left over for shareholders to also make a buck from.

    Delivering on their projects they talk up in the blue sky announcements....well...lets not even get started on that one.

 
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