The following points signify the s*** legacy of Steve Promnitz at QXR:
Undeserved fanfare;
Nothing of substance found;
Borderline non-existent communication;
SP destroyed and shareholders left holding the bag; and
Stepping down from his role and pathetically disappearing (as good as left the building).
IMO, anything with the name Steve Promnitz attached to it should be avoided like the plague. It wouldn't surprise me if he leaves QXR entirely soon. I can imagine him sneaking out the back door with his hefty remuneration stuffed in suitcases.
Unfortunately, there's no consequences on earth for board members who create this carnage but hopefully one day a higher court judges them on their business practices and they burn in hell.
If the Board had any brains left they would focus on gold, but based on the latest announcement they don't have the intention to explore in any meaningful way or have enough $$$$ to do so.
A complete s***show. And surely one of the worst stocks on the ASX.
All IMO.
QXR Price at posting:
0.5¢ Sentiment: None Disclosure: Not Held
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