SRI 5.56% 1.7¢ sipa resources limited

Ann: Half Yearly Report and Accounts, page-4

  1. 5,275 Posts.
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    Hi Lockitt, i remember having a phone conversation with Tara back in 2017. I was in Canada at the time and she called hoping i would stump up money for a soon to be announced cap raising. I told her i had dumped the lot many months ago & would not be participating. That the company had a disastrous track record since 2005. That it would soon be forced into a share consolidation. I advised her to get out before she lost any more money & whilst her reputation was still intact. She ended up in tears. Which kind of stunned me at the time. Primarily because as an insider ( especially as the CFO ) she should have known better than anyone that the writing was on the wall even then. The rest of us at the time could see it plain as day.

    I guess the fish swimming in the bowl have trouble seeing any more than what is immediately in front of them. Just like the old holders you encountered at the meeting.

    Hope you are well my friend.
 
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