So management just returned from a trip to Australia but did not have the balls to arrange public investor briefings - I am sure Cook had a lot to do with twisting mgt opinion. Tells me they don't give a shit about us. We are now inconsequential. They got what they wanted in a vote to exit Australia and have then chewed up and spat out those who have voted for them and sustained them all these years. The pressure on the SP is no doubt the result of Aussie holders selling out in disgust.
I always said a move to the US was not the magic silver bullet that would bring immediate riches.
The only hope is that Plumb is either looking to sell the company, or indeed, that we must wait till 2017.
Re selling the company, mgt already have free/cheap shares and watch them scoop up the shares of disgruntled Aussie holders who pull out one by one. Suddenly, any company that makes rapidly buy-out offer might be greeted with open arms.
It is all starting to sound like a bit of a scam.
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