EOS 3.92% $1.60 electro optic systems holdings limited

Yes, a bunch of overpaid men breathing each-other's hot air. One...

  1. 620 Posts.
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    Yes, a bunch of overpaid men breathing each-other's hot air. One woman on the board who hasn't the numbers to keep them honest and accountable. Just boys playing with toys paid for by long term shareholders like myself. I bought the story, still do, but none of them have any idea of how to balance their budget. They continue to spend, spend, spend, while we continue to lose, lose, lose value.

    So why is my sentiment still buy? Because after averaging down the last time at $3.20, $2.70 seems outrageously cheap if someone with an ability to manage cash flow enters the boardroom, with a chainsaw ideally.
 
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