I don't believe a word cinnebon says about sign offs etc. His track record is abysmal.
My take out of the qtly is $600k for staff and admin costs for the qtr. That's $2.4m p.a of our hard earned lining their pockets. And for what? - pathetic delays caused purely by incompetant people who can't put a document together the first, second or third time. yes, the epa has been a bit slow at times but who wouldn't be dealing with people that can't put a form together. They must be so p...d off with whatever VRX puts up.
I have no doubt that we are 2 years behind schedule -almost $5m in back office costs down the drain due to incompetance. Not only has the money flowed from our pockets to "them" but the sp has taken a major hit unnecessarily on the back of mis information on a number of fronts.
So to the uprampers - if you think you are going to retire on the back of vrx after the minister signs off, you are very mistaken. The market has already signalled its lack of confidence in this management team. The Sharemarket will usually price in expectations and according to cinnebon, we might be days away from a minister's signature. One would think that the sp has built that in already - hopefully not but we will wait and see.
imho & dyor
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I don't believe a word cinnebon says about sign offs etc. His...
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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3 | 120000 | 0.084 |
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Price($) | Vol. | No. |
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