It's been almost 12 months since RH raised $12.3million, and diluted retail holders.
It's been 12 months since RH promised a pilot plant, a demerger, and a bulk sample drilling campaign.
After 12 months, we have:
- NO pilot plant - NO demerger - NO bulk sample drilling
In the last 3 years of RH's leadership of this company, he has decimated our share price, taking it from $1.50 to 28c. An -81% loss in value, during the greatest uranium bull in history.
Meanwhile, he has collected +$1.65million in salary, super & other benefits from our pockets. For what? What value has he added to Wiluna in all these years? What is the exchange here?
Not to mention the salary he collects for working as a director at four other companies. How can we tolerate this? If a man holds director positions at four other companies, how serious can he be about our company?
RH's behaviour and what he has been allowed to get away with blows all norms out of the water, even for an asx micro stock. This is beyond anything we could have imagined. It's a nightmare.
TOE Price at posting:
28.0¢ Sentiment: Hold Disclosure: Held
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