The actions of Wah Nam have been so counter to good management...

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