...he he
I forgot to add.
The management team were the geniuses who thought a 22x consolidation would boost the share register and presumably cleanse it of riff-raff (you know..the Collingwood type supporters) - a sea of toothless smiles looking back at you on the dais during the Annual shareholders meeting must be a challenge.
So, how did the brain's trust idea work out..? a more than 4 times reduction, that's FOUR TIMES YOU FREAKING DUMB ASSES !!!! 75% LOSS.
If the share price didn't look good before, then it would have run out of decimal places since.
I might respectfully suggest that engaging in some hard work might just be whats needed rather than idle paper shuffling on the ASX.
..just as an aside...would the team's plan be to give this thing the flick as soon as an offer turns up so the management can move on to something a bit more appropriate? Lets face it these guys are top shelf from the likes of Ernst & Young, Rio, Anglo and Newcrest. MOY is hardly the thing to require all cylinders to be firing for these guys.
This team doesn't deserve a thing until it gets north of 60 cents. (..except a boot).
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