On the 15th March they made their announcement of a cost blow out and the price was 1.01
Then it takes them three and a half months to make a further annnouncement that there will be a rights issue which we all knew was coming anyway
Result the share price is down another 18 per cent.
We now have our third rights issue coming up and a massive dilution for the shareholders again and we are told that we find out in a few weeks what the details are!
What happens the share price goes down again today in a recovering market! Great timing boys!
And they call this private industry where we have accountability and transparency! A joke!
Where is management accountability?
Sorry I forgot the management team blamed former C.E.O. Gareth Dixon and he took the fall!
Disgraceful as the wise man Gindaldan states!
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disgraceful as the wise man gindaldan states!
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