HAZ 0.00% 4.0¢ hazelwood resources ltd

Forget it. It should be crystal clear to everybody that this...

  1. 1,559 Posts.
    Forget it. It should be crystal clear to everybody that this wording ("profitable") excludes all kinds of costs like SG&A, interest, capex, etc. It's a carrot for us donkeys that's supposed to make us buy the paper they keep printing quicker than any central bank does. I'm not going to finance what I deem excessive salaries for unsuccessful people who in the end might leave with a 6-figure compensation package once they've grounded this ship for the third time. I refused buying shares at 2c 18 months ago (when the number of shares outstanding was increased ~ 4-fold from 264M at the end of Oct. 2012 to more than 1 Billion at the end of Apr. 2013) and I certainly will refuse buying shares at 1c now, too. I'm not going to chase that dumb carrot.
 
watchlist Created with Sketch. Add HAZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.