Its an amazing fall from grace.
Insto's like Pattersons are just leeches...pure and simple. I see them do capital raisings for company's that should have been wound up years ago.
I thought this was such a big graphite story and great for Australian manufacturing/mining....... but now I just think it was poorly managed and the directors destroyed shareholders money through that mismanagement.
I regard myself as fortunate becuase I was free carried with the oppies but that only happened because I recognised graphite as another rare earths bubble. Bit like Lithium at the moment.
People need to be held accountable for the collapse of this company and burning shareholders money. It's unacceptable. To that end I agree with zog.
VXL Price at posting:
11.5¢ Sentiment: None Disclosure: Held
