accounting lesson for beginners, page-45

Just about anything bought 6-12 months ago has been smashed. Fair go. Also, poor management by Directors will beat even the most diligent researcher.
I think it unfair you highlight the failures and never mentioned AGM which was bought below 15c and ended up a 700% winner. Remember, the strike rate doesn't have to be high when the winners bring in 500%+.
Bad management could still beat BBI. Astute management is crucial.