God - that University says it all!
God help us with this bafoon leading the way. I feel this firm has GREAT potential with great fundamentals. Hence I hold.
However why choose such poor people to lead it! Snake in the grass we might have - or equally possible a real ametuer. No excuses boys!
Call it for how it is! They have chosen a more risky partner IMHO - maybe the better deal - lets hope so and that it goes through.
Who holding shares at 54.5c would buy if a capital raising was 40c????? We all know by the time went through it would have dropped back to that!
A CR would have been great (As required for growth with solid backing of the major). I Would have paid 1.00 AFTER KNOWING THE PARTNER! Not knowing the partner - NO WAY!
Ann: WA-360-P Farm-in Progress Report , page-39
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