I have read all the posts on thread topic, and I agree the goverment has done right, all you having a go at the goverment are just trying to pass the blame.
You invest in the market at a risk, you win some lose some. I have been investing in the market for thirty odd years even when mining companies mined the market, if you dont know what that means-example a company called Trafalgar Mining kept releasing great drilling results and lots of investors purchased shares while the public done this all the directors and their friends disposed of the shares next thing the company dissapears, I myself lost $30,000 back in 88. Also I lost a few hundred grand in 2000. So what Iam saying companies make bad decisions and also you take the punt, you have to wear the result, in saying that, I hope someone comes to the rescue for all concerned, and I dont believe the goverment should do that, imagine if the goverment had to rescue every company that got into trouble, it cant be done. When I think about this even more your company board must have been wearing ear muffs, because the big end of town new the shit was going to hit the fan as early as August 2007. my brother Inlaw is the CEO of Patties Foods and he was the one that told me.
Simmo.
OZL Price at posting:
$5.55 Sentiment: None Disclosure: Not Held
