AGM 0.00% $1.60 australian governance & ethical index fund

hear hear, ghosta.I agree entirely with what you said. Too much...

  1. 24,386 Posts.
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    hear hear, ghosta.

    I agree entirely with what you said. Too much secrecy here.

    You also said:

    "They keep boasting about having $50m cash in hand. Why would they need another $40m? And if they issue more shares instead of borrowing the money my opinion is thats close to corruption- giving their mates the chance to buy shares at a discount, and we have to share any profits even further. A loan could be paid off in months."

    Again, I totally agree with you on this one too. With what they are about to make on production, repaying the debt would be a laugh, thus giving shareholders a greater return in the future. Diluting is not the answer.

    More transparency is required, lol.

    Cheers, Buddy
 
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