Some of you blowing wind up management's you know what constantly is worse IMO ....
Yesterday's AGM was pathetic for a number of reasons but suited the current management IMO and will probably achieve what I believe management want anyway - a slow decline in retail holders; what I once believed was a strong company has deteriorated into IMO basically a trading stock now with good under utilised assets and top heavy management drawing huge salaries and achieving very little (SH excluded of course given his short tenure to date)
While I have thrown my remaining shares in the bottom drawer it is in the hope that the company get's taken over and the assets get utilised to their full potential.
I know this post will get some reaction from some "always" positive posters - knock yourself out but remember this is a stock forum for people to post their views, opinions, relative info, news articles, stats etc etc so I am entitled to my opinion and after yesterday this is it !
Have a great weekend.
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Ann: Corporate Presentation - Annual General Meeting, page-153
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