Maybe. Don't wanna throw cold water on y'all, but let's get real:
the man is currently only a non-executive director of Genex
some of these other companies quoted in the release (as if they were some kind of glowing endorsement) well let me see what a bit of research turns up ..... like Endocoal? (delisted after a buyout .... did the shareholders see a profit from the buyout?), Carabella Resources? (not or no longer ASX listed ...... sunk without a trace perhaps?) & Estrella Resources? (ASX:ESR) revenue for 2023 of $0.41 million with net loss of $1.6 million ---- along with yearly net losses for each of the last 4 years. Not such a brilliant track record it would seem to me
Then there's Genex. Company he claims to have co-founded ---- has a market capitalisation of $374 million but claims it has assets built or being built and under their control valued at a cool $1 billion
Hey wait on there. Read this: ASX Announcement of 14-06-2024 (takeover of Genex in the pipeline) .... will shareholders see a profit on their collective investments I ask myself?
So are we really so SURE that this man is 'good news' for ETM's long suffering shareholders? Or could he be (just another) carpet-bagger?
Ho hum!!!!
ETM Price at posting:
2.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)