belted on opening, page-8

Paul100 I remember vividly commenting on the takeover of SMO and how much of the prior managements thunder was stolen by Hugh and Crew. Timing was impeccable for his reputation but as an owner in the 7-9c region of SMO I cant complain but I truly believe he had a gimme and since taking over yes the share price rose rapidly. That was natural as it was a massively undervalued stock at that time. Take a look at the paychecks and shareholdings and options this latest management crew has fed themselves and I think you can say they are being well rewarded whilst we the shareholders suffer the markets woes. Why is it not a 35c share now? IBR is still a mystery and the problems of Hugh and his pig headedness has led a market to believe that there is more to this man than meets the press and asx releases. He has never came out and told it how it is. He lost he should admit it. Maybe I am wrong but TMR should be trading in the 40's by now. The market obviously doesn't love the way he has recently gone about things. All that said they have amassed a lot of property requiring a lot of money to develop and the fact is with credit tightening they need to get the operations running at full pace to fund the pie in the sky dreams of HC. Now I know this may be terribly hypacritical but TMR looks to me to be a $1-50 short term story but it has some very big dreams that are being pursued at a time when frugal management policies should be adapted.