I really hope the long term faithful holders aren't going to start bashing management now. That's been done a million times before and it's oh so boring.
Management are not responsible for anyone taking a position. Nor are they responsible for anyone ignoring all the signals so that they remained in that position. Most of the long term faithful have been spruiking the wonderful FA and ignoring all else. So no one is to blame bar the individual investor.
Management did what was required of them. To start blaming them now points at a last ditch attempt to place blame any where bar where it should be placed. And that's on the head of each investor.
Bolly squeezes to wonderful FA. This one had it all.
I've included a picture to show the psychology of an investor. Hope it helps a few.
NWE Price at posting:
5.2¢ Sentiment: None Disclosure: Not Held