Have been sh since post 2008 mkt crash. Have initially believed all the marketing pressos and hype......until....
the pattern became clear. every time they run short of cash they do either a SPP or find a miraculous 'sophisticated investor'. This is silly talk. Many of us have been sucked in. There is only one way from here to stand a chance for average sh to perhaps recoup their money.
The required principle is similar to Gandhi and the Power of One.
At the next AGM sh need to pressure (sic sack) the directors who are happily drawing big wages for no sh return by actually actively exercising our sh voting rights.
I am so disappointed with the current Board who are shameless when they wake up in morning - knowing they are cruising a comfortable existence - while average Joes like you and me keep getting exploited. Seriously given how they have bled the company it is time to almost vote any unknown into the Board and take a punt. From my viewpoint only then will we stand a chance of remotely recouping for those of us who bought in at approx 16c. Gosh given enough support I will stand for the board!
Difficult to believe the ASX doesn't have the powers or analytical cynicism to question the company directors how it is they continue to act in own self interests as opposed to their own.
CTO Price at posting:
8.8¢ Sentiment: LT Sell Disclosure: Held
