Do you think AW's plan is to average down his cost, hope for a little upswing in SP, and then offload his holdings?
Does anyone know why we are still suspended? The investigation has been done the $26M was found to be missing and unlikely to return, Self-McGovern has been sacked, and the audited reports with downward revised revenue projections and significant doubts about the company’s ability to continue as a going concern, have now been released.
Are they planning on remaining suspended all the way through to mid-May when the raise is completed? Are all these delays to trading just giving DIRs and INSTOs time to assemble their parachutes, multiply their shareholdings at massive discounts, and then form exit strategies? Not fair on the rest of the SHs is it?
The next quarterly will be due for release in 2 weeks.
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