Somehow i feel like someone with leaches all over me. The board has made money, Hanlong executive have made money, shorters have made money, fund managers have made money and I have nearly been sucked dry.
It is an absolute farce that it has taken 2 years to get to this.
So many questions which will never get answered.
* Was there more to the insider trading fiasco?
* Were there more people involved?
* Did HL only hold on longer in the TO because they got their hands caught in the cookie jar?
* Did the CFO leave because he knew the writing was on the wall?
* Did the new board do a thorough due diligence?
* Did the board ever speak to other suitors?
* Why didn't the board call HL's bluff a year ago (we pay them to make informed decisions)
* Why did management do a capital raise a year ago? Did they know something we didn't?
* Was the whole "murder" case a big set up/get out clause?
* Will there be an inquiry into all of this? (no)
* How can we allow a foreign company launch a TO without clearly having no money.
* Is there a "plan B"
* When will the board come to us to raise more money?
* Will the share price be pumped up before raising money?
* Will the board keep us updated?
* Who will be held accountable?
Today is a great promotion for buying property. I may get maintenance bills, rates etc. But, at least i know where my money is going and who is taking it.
Position - hold but wish i didn't
Sentiment - We are always the last to know
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