"What appears to have happened is this company has paid out outrageous amounts of cold hard cash to management. So if i was a holder i would contact a soliciter experienced in commercial law to find if there is reasonable grounds for a law suit."
is that a joke?
have you never read an annual report before?
The stock market is BUILT on companies paying "outrageous amounts of cold hard cash to management".
Performance has never been a factor.
Such are the failings of venture capatilism, but then that is what we all come into the ASX casino to gamble on.
Anyhow, its a fraction of a cent company. What more of a waiver do you need to see?
So I am disappointed that the announcement lacks any clarity whatsoever, but i cannot pretend that i am surprised that it has ended so poorly.
I have to second the opinion that your posting seems to be more about riding the tail of an ambulance than of actually contributing anything meaningful.
Thanks for your input, but mehhh....
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