Everyone that was at the AGM in 2013 that I was at, should be completely disgusted at the performance of management since then. The types of things we were told and then shown on the tour, left everyone high fiving, and only too eager to buy the rights issue and more shares. I was one that got taken in by it all.
The promise of DSO sales within literally weeks, plus the plant being completed by June/July 2014 filled us all with confidence. Yet here we are 2 years later and none of it has happened despite millions extra being raised to finish the plant and keep the lights on.
The questions need to be pointed at the board at the AGM, hard questions and repeated by person after person if there are no satisfactory answers.
It's not the down rampers here that deserve criticism, they have been mostly correct, it's those in the company that still are on the board that deserve a serve.
CDU Price at posting:
$1.11 Sentiment: Sell Disclosure: Not Held
