Thinking aloud (kinda).
a warning sign that this stock was gonna dump was when the board starting spending big on a fancy new office with Italian leather sofas etc.
Indicated they were more concerned about making themselves as comfy as possible than the company making money.
In future I'll remember that..and see it as a big red flag.
obviously more factors are play..eg spot price dropping but still not a good sign when the directors are living large at shareholders expense.
I could be way off..ie making a mountain out of a mole hill..that's true. However with sp down almost 90% from peak how has relocating the office to Perth worked out?
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