great post frankhalo.... finding a decent "AUSSIE" venture...

great post frankhalo.... finding a decent "AUSSIE" venture nowadays is like finding hen's teeth and on top of that a bungle here has costed us retailers a massive chance to be part of something big - probably once-in-a-generation opportunity to build a world-class asset that actually works.... not sure where the initial trouble started - lack of management that did not whet the design or a lack in design that the management could not fix.... either way, the management is to be blamed as they are the ones who stand to collect "performance bonus" whenever there is a profit (or even when none exists) .... more than a loss of $$$$ here it is a great loss of an opportunity IMO.... if all that this company needs is some time and money to tide over this low IO price then probably the govt could come up with a rescue package to see that this opportunity is not lost forever to the deep Chinese pockets....