i was one of those that got grilled for telling everyone that the consolidation ratio will be between 20-30:1 and i got dismissed as being a ugly downramper.
Not trying to rub at people's faces cause ive learnt those mistakes before, but i saw this miles away from the way that ODN management was behaving with current shareholders. To put more salt to the wound, they announced that Downer Group asx announcement before the consolidation...wow talk about management behaviour...opportunity to sell high with high volume before voluntary suspension
Read the second line of my phrase and once again, i am sorry for current holders...this will be a good lesson and trust me, this gets as worst that it can possibly get when investing in stocks so great learning opportunity IMO.
I trust that you all study management behaviour MORE than just the fundamentals that are horrible in spec stocks, It will save you coins, Good luck
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i was one of those that got grilled for telling everyone that...
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