Gresley,What are you smoking?This "little gem" never paid a...

Gresley,
What are you smoking?

This "little gem" never paid a dividend and its share price has been in steady decline.
It wasted a fortune investing in a failed venture to make diesel out of lard.
It wasted more money investing in a PNG oil company that was run by a relative of the CEO.
It had Andrew Peacock as a Chairman.
Despite having no operations in Australia it spent money being the major sponsor of classical music concerts.
It bought back shares at over 40c then sold them again at 26c.
Whatever cashflow it got from US operations none ever flowed to shareholders.

Its a turd. It needs to be cleaned up before any more unsuspecting investors tread in it.

bacci