This company looks to be in serious trouble I think.
The biggest problem it has it that it thinks it can beat the shorters, it can’t. Not on these results and probably not on the next 3 or 4 qtrlys to come!
all of a sudden we have gone from approx $90m cash to $60m. Staff are just getting more and more shares! No point buying back shares when the company just keeps awarding more!
I’m trying to see where the share price rebounds before the next qtrly, what news can save this from going lower?
Ann: Quarterly Activities Report and Appendix 4C, page-60
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
