Hours of entertainment- no, wrong word- there are real people and real money involved.
Going down rabbit holes.
You look up a director- see what else they are involved in- see the same stories over and over again... Look up the other directors...
The common link over a dozen companies or probably more- raising capital at the last minute- placements- s708- CRs- just enough to get through a few more quarters- if that- top 20 are often mostly punters own super funds- s708 exempt 'sophisticated' investors- teenage girls think they are sophisticated if they take up smoking. Rinse and repeat, rinse and repeat.
Then you sell tenements and projects for just enough to get by- that tenement or project becomes the story for someone else's CR narrative.
There must be plenty of sophisticated investors and DIY super funds to keep the music playing.
Back in the 70s, Trevor Sykes called them 'money miners'. These companies can issue wallpaper for years.
IMHO DYOR
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