McHale if u had been in this stock for as long as those "scratched records" (your words) and had listened too & believed the Co announcements, the investment advisory publications and all such (hype) and invested or re-invested, only to discover that absolutely nothing of shareholder value came from said hype, you may not be so keen on your investment decision. Perhaps you can afford too nor care to lose your hard earned, with such a mindset.
At todays share price of 0.22 (22) cents,which equates to approx 0.027 (2.7) cents per share, pre the share consolidation and the then share price of approx 0.016 (1.6) cents, its a pretty disgusting performance on shareholder funds no matter how you measure it. Dont forget the old shareholder (cash cows (scratched records)) today hold only 1/14 of their original purchased stocks!!!! I trust you don't seriously find any of this satisfactory or worthy of sweeping under the carpet.
This is a very small part of the reasons why the scratched records replay, to remind investors old, new or considering this stock, to be very wary of the messages and hype when the beating of the drums starts up.
As a reward for all this great corporate management, the CEO's renumeration has increased from mid $200k's to near $1m pa. Makes AustPost renumeration scheme look like a pre-school exercise.
Anyway all you need do is hit the "ignore" button and you can live in a world of bliss. And as you said, nothing personal here just historical facts.
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