this is whats amazing, when they screw the company they screw themselves?? even at 16 million declared shares( and i know he has more off shore) stroud had 12.8 million in the bag 80 cents, at 12 cents it's down to 1.9 million!!
surely he's not that much of an idiot??
his vast expenses, bonuses, options, his 50 % of the vineyard has scared off investors and future investors, its so obvious, he runs the company for himself but it's cost him a paper loss of 10 million???
the only people buying the stock are directors, no one is touching this with a barge pole, he thinks finding gold will do it?? check out SXT, they found gold in australia, near a gold smelter and their stock has gone down.
there is one liability at WAL and his name is mick stroud, if he doesn't step down you will wait a long time for 40 cents. if we can get a few shareholders together i see no other choice but to make an official complaint to asx, lets do this soon.
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