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30/11/20
10:45
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Originally posted by easysell:
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BC I agree and if you look at some of my posts from earlier this year PP is the only reason I'm still here (after over a decade - forehead slap). But its very difficult with the big loss and continual underperformance of the company. I thought that all the previous cheap shares and heavy discounts to "mates" at 10c meant that our goals were now aligned and we were all here to make cash. I thought these guys wanted to get rich by having equity and growing the company. However the last attempt at a share grab (thanks for helping stop it) says to me they want to get rich by having equity and taking over the company. That does not align their goals with shareholders. If Paul and the board each bought $100k on market (a pittance compared to their salary and converted notes etc) not only would that give current and perspective investors confidence but it would catapult the sp above 27.5c, the first proposed milestone, and see many voters much more inclined to award incentive shares for the other milestones. The sp was 24c in September and now its half that. Never did I think I would be be happy with 27.5c but now I'd take it in a heartbeat. BC you were obviously at the AGM can you please share your recount of the address to sh's, if there was one and any other information you gleaned? What was the "feeling in the room" and did you leave feeling positive about your investment? Thanks in advance Easysell.
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Actually I'm starting to think that nobody went to the AGM. Not one report from it either from directors or shareholders. When apathy hits both shareholders and directors, there's real cause for concern.