BRM brockman resources limited

8 point plan for sp destruction

  1. 9,439 Posts.
    The actions of Wah Nam have been so counter to good management one could almost assume it was a concerted effort to pummel the SP. Surely incompetence like this is not just a co-incidence?

    Here is their 10 point plan for SP destruction. So far working well you would have to say:

    1/ Sack half the Board after announcing to the market you were "happy families"

    2/ Sack the CEO and have no replacement and ensure he is paid out to the maximum.

    3/ Remove all "positive" broker reports and articles from the web site. Leave the web site dysfunctional with gaping holes.

    4/ Have newly appointed Chairman investigated for corruption

    5/ Suspend rail talks with FMG

    6/ Suspend all work on the DFS

    7/ Announce a "review" and suspend indefinitely all project timetables

    8/ Ensure the cash burn rate is completely unsustainable

    9/ Increase Director fees

    10/ Adopt a new and expansive Options Scheme
 
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