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wabbit

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30/10/16

18:03

Post #: 20233625
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Originally posted by topender ↑

Wabbit,

I can give you credit for listing some of the problems this company faces which is the nub of the activism going on to bring about change.

But I can't give you thumbs up for goading someone who has made a committment to put his backside in the sling, get involved and get closer to finding out what is going on. This would be the first step in any orderly approach to fixing issues like poor peformance. Once you know what the underlying issues are, then you can work out what to do about turning things around. This approach might not work
for you you?

Whereas you seem locked into continuing with the vacuum in information flows to share holders, many other share holders are not satisfied with that. Whereas you are in favor of no change, which is your right; A rapidly growing movement among shareholders is pushing forward to bring our Company back in on track.

The biggest paradox of all is the highly moralistic huffing and puffing this Board came out with after the former outfit were ousted, regarding govenance, and other wrong doings of the time. Yet, now these same people appear to be overlooking the need for restraint, when they could be pulling back on spending when financial resources are not unlimited. The indifference of the Chairman to the transformation of the share price to all time lows shows a completely out of touch perspective about the welfare of share holders. Yet that seems okay to you as well?

Whereas you also challenge the credibillity of anyone who questions the performance of the B&M by demanding they answer your questions; I would ask why you don't choose to go to the bother of seeking these answers for yourself directly from the Company?
Oh, whats that? Are they only going to tell you what you want to hear? Or more to the point, tell you what they want you to believe?
OR? Maybe not even bother getting around to respond to you? Good luck with that Wabs.

I just wonder what it is about the very mediocre efforts of the B&M over the past couple of years, that makes you satisfied with their peformance?

Expand

topender.

I have never said I was satisfied but I can understand the problems with the oil price fall which would make it difficult to get farmin partners at reasonable conditions or finance at a good rate I have just seen one company raise funds at 20% interest so it must be difficult.
Toppy I am really expecting things to change may I am wrong but that is my take on things

EGO Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
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321, Press Reset for Restoration., page-8

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