CLU 0.00% 3.5¢ cluey ltd

Ann: Appendix 3B , page-12

  1. 1,498 Posts.
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    Hercules007,

    You could be right. Don't you just love it when you're holding a stock in expectation that good news announcements will start the price trending up? And isn't it then a strong inducement to sell, if the news, when it's announced, is indeed good yet the price actually falls because of an overhanging queue of profiteering opportunists left over from the last fire-sale placement?

    (Please don't let this happen to GRM, Mr. Finnis. Please set up a better placement deal next time. I can cope with one glitch, but if the next raising is at bargain basement rates I'll be jumping ship regardless of how great Mexico and Turkey are. I've seen enough disadvantageous raisings in other stocks. I'm not donating my profits to Bell Potter.)

    Does anyone know how much skin GRM management people have at stake to motivate them to do better?

    Grav



 
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