Penny stock crashed much harder & faster than properties. They crashed 90% or more, then consolidated & another massive ongoing CR to pay the Managing Director sumptious salary package + Range Rover company car, but share holders get dusted & burn to the ground.
Ohhh. and paying rent is still ongoing, coincidentaly maybe the managing director is also the landlord.![]()
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RBA - 40% house price fall, page-4
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Bruce Garlick, Executive Chairman
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