Totally agree Management wages are too high by peer standards. It remains to be seen whether commensurate value can be delivered. Also totally acknowledge there have been many mistakes in the past. The management here are not without fault, and long-term shareholders (such as myself) have been guilty of failing to take action decisively when the situation dictates we should.
We all need to be better at making decisions with the facts that we are currently presented with. On the one hand we currently have a balance sheet in desperate need of cash. On the other we have an opportunity in desperate need of support. Investing is not easy, and the differing views is what makes a market.
IMHO this story is really just heating up. It’s just a shame many of us were too early.... WAY too early.
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