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08/07/14
11:25
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Originally posted by Paul100
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Bluegoose
So it's now $1.33 down to 19 cents and you infer I am the idiot.
My post was just a statement of fact. Not dis imilar to what I have posted for 2 years. It's not a down ramp when its true.
And now that it's fallen sub 20 cents I would not be selling as all the bad new is out of the way except for the massive write-down in the accounts for the massive understatement of amortisation over the last few years which enabled them to report profits when they really made losses. This is a non cash item but it will still "stink"
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Can't believe this... I feel sick - I recently doubled down & genuinely thought Yeager would turn the ship around.
with all these appointments, cash burn would also be through the roof - I feel fooled