So is anyone going to the AGM tomorrow.
I just rang the Perth office and spoke to the company secretary re the company and the share price. Basically I find out more here than from him. Colin Steyne will be attending the AGM, it would be interesting to see his take on what is happening. The same old story....market conditions, finacing...blah blah blah.
I am not sure what will turn this around. The area is well known as a coal mining area so these approvals in some ways should be taken as a given.
The ASX allows shorting, this and managements failure to deliver has basically seen us shafted.
Hindsight is a good thing but being blind sided is another. Looks like another tongue pie tonight from the trouble and stife who called the SELL at $1.50 after the slide began. At least on the titanic they could see the life boats.
The bottom must be close as I am in capitulation mode, and have had a gutful.
Metro.
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