BPAA is 100% correct in his point, this current board, called for a pre-emptive trading halt and continued that trading halt week in, week out, therefore stopping current shareholders from making their own financial decisions, to sell, buy or hold. They had an option to lift the trading halt anytime before entering into negotiations to sell the asset.
This is his point. For some on here to belittle the commonsense and fact in his statement due to their own loyalty to management, is pig headedness.
I agree for management to put their hands up for pay rises whilst in this position, amounts to just pure greed.
I truly hope for everyone's sake here, they do recover all the monies owed and find a solid asset to re-invest into. I also hope you don't have to wait too long before you can decide to sell or hold out. GLTAH
MYL Price at posting:
70.0¢ Sentiment: None Disclosure: Not Held