BIG 0.00% $2.22 big un limited

Ann: Shareholder Update , page-19

  1. 5,905 Posts.
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    Hi Sentia & the rest of the LT holders, I've not been watching this too much, as I dusted myself off & moved on. Firstly, comiserations on the state of the SP.
    Secondly, I find it completely incredible (as in not believable) that at this point in time RAU should find some difficulties with soveriegn risk, surely all this should have been completely put top bed before entering Bolivia, I mean politically I dont think there has been any much change at all in the past few years there.

    I'll get to the point, the whole thing smells of bull, I dont intend continuing posting as I dont wish ill of your holdings or downramping, just calling a spade a spade. It is extremely dissapointing that such carry on can go unchallenged in this day & age & I have in my learning curve significantly lowered my view of the ASX & ASIC.

    My biggest lesson I suppose is to only invest in cash flow postiive or at least breakeven companies with exploration or expansion potentials. Many of the small caps just seem salary rackets for directors or vehicles for giving associated companies easy business.

    Good luck to all the LT'ers, I guess CT was right fundamentally, though I still disagree with his approach.
 
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