CMR 0.00% 15.0¢ compass resources limited

so the vultures got it,,let me recall how it happened,,, plant...

  1. 72 Posts.
    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
 
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