You also risk condemning yours (and everyone else's) investment and causing irreparable damage. A class action is a giant red flag to steer clear. If you win, you get a couple of bucks, the lawyers take all the money, and it could be at the cost of a chance to turn this into what it should be, which is a multi billion dollar business.
The people with real money invested in this have the pull. If they want to see a spill and replacements etc, they could make it happen with the stroke of a pen. A bunch of small fish collectively working together to gather less than half a percent of shares isn't the way to do it.
If you've put your money in the gambling house of the ASX, you have to accept that there are games played by big boys, and we are just lucky if our interests align with theirs.
What Scott is doing for his investment is the smart thing. Instead of crying foul and trying to overthrow management, he's aligned his interests with ours (share price appreciation) and gone to work to try get this moving in the right direction.
We should stay in our lane, which is mouthy minority shareholders who blow up Simon's phone between his calls to the Top 20.
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1 | 324 | 0.205 |
4 | 51564 | 0.200 |
6 | 188903 | 0.195 |
19 | 418023 | 0.190 |
7 | 134000 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 52928 | 5 |
0.215 | 16833 | 2 |
0.220 | 23800 | 4 |
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