big boys, page-2

The big boys can only do soo much, mums and dads investors make up for over 60% of this share, then you have insider shares and then I think there are three of the Chinese shareholders owning 30% of the total shares, and after speaking with one personally, after he tried to get Sexton outed last year, to say they arent happy, after investing millions into this company is an understatement.

Mums and Dads investors have clearly lost confidence with the enormous debt levels and seemingly no way to service the debt based on historical financials with the fact they posted a $26 million loss, no Mum and Dad investor like ourselves would contemplate going into this share at this moment

The company needs a major board change, to give everyone confidence after 4 years of hell from the current board, that's when you will see a positive and maybe people willing to take a punt, or even better a takeover by someone who knows what they are doing.

Day traders looking to make a quick % are sending the price up and down although we do know Mckenzies have a large sale order in place