Watso,
I see that you currently hold no shares
so I don't have to provide any sympathies.
Having said this I am surprised at your posting.
I was a shareholder for about six years, always
hoping that they would get it right. Was I a sucker
as, I guess, were many others - all gunna's and
no have have dones. The pity is that there are new
investors moving into the trenches taking the
place of all of us oldtimers who have retired
with shell shock. One can only hope that they don't
follow the same fate.
For anyone thinking of putting money into this outfit
my very very strong recommendation would be to
go through all of the ASX announcements for the
last six years, work out what they were going to
do and then compare it with what they did.
What you do is your business but at least you will
have the benefit of hindsight.
If anyone thinks that the are going to be saved
by the Chinese think carefully. If it is a good
deal I suspect that they might buy in. If they have
a suspicion that there is a rat then no way.
They are excellent business people - they have
been at it for centuries.
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Watso, I see that you currently hold no sharesso I don't have to...
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