The problem with your statement "if you don't trust the management then you should exit the business", I have yet to find any management in any company on the asx that I trust. I trust BOD3 more than BOD2 & BOD1 but it is impossible to truct them %100.
It's human nature to do things that are easy, I believe that they raised the funds because it was easier to raise funds now than struggle later.
We may have had a 5 bagger in 3 to 4 years but now that may reduce to a 2 to 3 bagger in 1 to 2 years, so you can always invest elsewhere I guess.
I'm in 2 minds with the SPP but have been here for 10 years and nothing surprises me anymore, I used to have a saying that %80 of management are scum, and I don't think that's too far from the truth!
- Forums
- ASX - By Stock
- FFX
- Ann: Trading Halt
Ann: Trading Halt, page-388
-
- There are more pages in this discussion • 94 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FFX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online