HO71 the SP may have fallen massively but the MC hasn't changed a lot. Still there are over $100 million in accumulated losses, someone has done very nicely out of this caompany and it isn't shareholders. It's interesting that you couldn't lend to a person at 169% p.a., yet you can lend to a company at those rates. Still I'll always have fond memories of this company. The Feds investigating whether Mick Gatto had inside knowledge of the GWR takeover, the Opes Prime disaster, wildcat oil drilling in Victoria, bikies attending AGMs, the list of shenanigans goes on and on! What a soap opera! Still it looks like the bus is about to head over the cliff Taking most of the cast members with it.
FAS Price at posting:
0.8¢ Sentiment: LT Sell Disclosure: Not Held
