Could Scrimshaw and Bardin be working for Shenghe and not the share holders ? PEK is playing into Shenghes plans, Shenghe will end up owning PEK for $.15 soon. I mean just look at what the BOD last decision has done , halved the share price and market cap by their pathetic capital raise, so unprofessional . What or why do we pay these lifestylers for ? Funds could have been raised from a SPP for share holders and NOT SI or their mates and a pathetic small SPP Example. If share holders were offered 1 share at 20 cents on a 1 for 5 basis and an attaching option at 20 cents maturing in 3 years it would have raised $20m over 3 years and their would have been a 100 per cent uptake and no criticism. How simple is that ? You do not need a $1m CEO and a $600K Chairman to work that out. What wankers. That would have brought in $20m and kept us going until Final Investment Plan and still owning Teeside !
PEK Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held
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