great thread, quite cathartic!
my vote goes to WSP .White sands petroleum. Bought a rig in Norway, had a significant slice of lots of contracted wells in Aust. Problem was the rig didn't work. couldn't drill swiss cheese. Of course shareholders did not know this.
Has morphed 3 times from WSP to Maverick to Maverick something to TEG... each time shareholders took a dilutionary bath. original holdings in WSP are now worthless. 30c to nothing!
CLF another goodie. best laugh there was when Packer took a share and everyone jumped in. All he wanted was to keep them from drilling his beloved property in the Upper Hunter.
and SBN
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