DH never had a problem with integrity as far as I'm concerned. He would be as straight an executive as any in the far too many companies I've had shares in. I respect him.
However he lacked something that we needed to get Coburn moving. perhaps it was just a lack of luck, maybe a luck of judgement about tyre kickers or perhaps a lack of skill to crunch a deal. It's history now but we missed at least two favourable periods to get it moving in the last 5 or so years. He made the right decision to hand over the reigns and I think Bloking will achieve a better outcome for us to extract value.
In the meantime look out for cap raising as an opportunity to make money as for some mysterious reason it always rises before cap raisings. Wink wink.
GUN Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
