HNG 0.00% 34.5¢ hancock & gore ltd

The evidence shows the successive incumbent management past and...

  1. 1,285 Posts.
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    The evidence shows the successive incumbent management past and current of AN1 virtual subsidiary failed opportunity heading for the rocks, in particular the errant controllers at HNG (without hands on the helm?) have no idea how to save it from sinking least of all turn it around.

    Yet they continue to profess to be specialists at business growth. There’s been nothing sustainable from their M& A obsession and questionable remuneration share issues from the trough.They’ve paid 1.6c per share this week with the sp 1.0c the latest example of investment master class.

    The funds raised may be flushed away or what ? No transparency, no comment on the destruction of AN1 shareholder investments, no apology, no resignations and no reason to expect anything different from this embarrassing turn-around specialist.

    Would the ASX delist the hulk of rudderless ship AN1 on the shoals at 0.001. Gasp for the sinking. Then we’ll finally hear ( don’t hold your breath) from the controllers in the eulogy.
 
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