Bolat,
I will say again, that I am continually relieved that you and the other people who share your anti board/Management sentiment do not run this company.
It is no wonder that they ignore the slagging and negative purile criticism, from so called adult people who choose to view the situation the company is in isolation, when the whole business environment is far from ideal per a small company like Empire.
By all means bang on as much as you all want? Because if I am even close to right, you can expect a further kick in the guts (use your terminology) or two, over the next couple of years.
I predict there will be two more Capital Raisings. One later this year, and another next year.
Hopefully the global investment cycle may have turned around by then, along with prices and demand for oil, gas, and commodities. Maybe not?
Beyond that; you haven't lost anything till you sell.
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