CQA 140% 4.8¢ conquest agri limited

Ann: Administrators Appointed, page-6

  1. 9,046 Posts.
    Well, there goes the lemonade stand hope. Seriously, they should have pulled the plug a year ago when it was apparent they had no concrete plans for saving the company. They could have rung me up and I'd give them a dozen business ideas in half an hour....But, never mind, eventually another write-off I might need next year. It truly astounds me how a company in the midst of a successful industry can go belly-up. Not only that, take a year and a half on the shareholders dime...to do it. And then come up with this P1 idea. I'm just flabbergasted an 'agricultural' company would even give this one second of thought.
    All boils down to management. These guys will be on my radar forever.
 
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