Can't say all shareholders will agree with that sentiment.
Val is a Top 30 shareholder, the announcement indicates she will be retaining her holdings.
(Shareholders will be watching closely with interest, one would think.)
This investment has been a disaster since day one for me. I originally gave management the benefit of doubt, but with hindsight, that
was more than generous!
The drought has been a huge factor to this businesses decline and shouldn't be taken lightly when apportioning blame.
Having said that, it highlights the importance of management to steer the course, while ill winds blow.....
I find myself wanting to walk away from this investment now, but with so little capital remaining, do I wait for a miracle, or secure my capital loss?
I think I know what Farmer Paul would say. (Should have taken his sentiment a long time ago)
GLTA
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