You’re completely deluded on this. No big boys have been playing hard to get control. Nobody has wanted to touch this with a barge pole. Cartesian knew that and wanted their money out. They’ve got a good swag of it back (more than they probably hoped) thanks to bleeding funds much of it out of gullible retirees by the sounds of it.
Nothing you’ve ever said about this stock has been correct yet some people are still in denial enough to give you three thumbs up and a ‘great analysis’.
The real problem this has exposed is allowing self managed super funds to invest in this dross via online retail brokers without any advice.
Even the most cynical broker would have advised against putting a disproportionate fund allocation into a stock like this.
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You’re completely deluded on this. No big boys have been playing...
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