Thankyou all for your respectful replies.
This company had valuations from many brokers of $2,50 and above.
This being largely based on the p1 estimates.
I thought my money would turn around eventually, based on THESE estimates.
I believed that this was all legitimate and I had invested in a company with huge proven reserves.
Reality is ,its all BS.and that is acceptable.?
Cant believe brokers,cant believe management,HC has rampers and downrampers.
This company was in the ASX 200.
Hopefully Yeager has been caught with his pants down and didn't fully understand what he initially took on with MAD.
.Small town Newcatle,some still seem to be doing very well that are involved with MAD.The stock has been shorted significantly.
Yeager will turn this around,basically starting from scratch.Even a new company name was mentioned,not a bad idea as mud tends to stick.
To late for this black duck.
FDM Price at posting:
18.0¢ Sentiment: None Disclosure: Held
