so the vultures got it,,let me recall how it happened,,, plant starts getting built problems start to appear gt sells his shares hnc sells half their shares guzzumping the share price $5-$4 project management team walk off shareholders told 3 months later project team gone shareprice goes down down down shareholders told all is good...production is coming ya global lend cmr money gt lends cmr money cost blowouts reported at an unbelievable 400% shareholders told all is good...production is coming warm fuzzy graphs of future earnings administraters called in... asic is missing in action.. ferrier hodgson makes afortune dragging it out over 30mths shareholdres get nothing dilution is massive asic still missing in action the man responsible for the f***up wins the vultures[pirates] win...game over anyone remember it any other way?????
welcome to the ASX
ASIC...A Seriously Insipid Commission sentiment....asic A Seriously Isipid Commision
CMR Price at posting:
15.0¢ Sentiment: None Disclosure: Held