Agree with all evaluations on management ... you simply can't get away from the fact that they have squandered massive amounts shareholder funds in an appalling fashion with assets similar to that others have succeeded with. I must admit that I remained more focussed on the assets than management and I will pay dearly for that.
The question remains whether there has been a final blow dealt that we will read about with an announcement in the morning. If that is the case, then the average man on the street might conclude that this company has continued to trade without the market being fully informed.
If there is no announcement in the next 48 hours, then the average man might conclude that someone with a large holding has just said "enough is enough" particularly in the current bear commodity market and crap management with no vision.
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Agree with all evaluations on management ... you simply can't...
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