BIG burrendong minerals limited - withdrawn

And the push to $3 begins, page-339

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 2,247 Posts.
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    I don't disagree with you based on hindsight, but until all the deception was exposed the fundamentals justified share holders being confident of a share price that would soon exceed $5. The share holders were entitled to believe audited accounts that supported the quarterly results and subsequent updates which showed 40-60% quarter on quarter growth for more than 2 years. We weren't to know that the financial arrangements and reports had seemingly been concocted in such a way as to deceive the investors by giving a highly inflated impression of cash received and cash in the bank. I am one of the holders who remains extremely angry and wants management to be suitably punished for what they have done, which on the basis of information that has come to light thus far at best seems to have been deceptive and at worst fraudulent. We will be able to judge management with greater accuracy when the ASIC investigations has been concluded and the revised financial results are released.
 
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Currently unlisted public company.

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