Ninnie 45
Shareholders have trusted and invested without a plan and backed Mals men. For reasons unknown, there was a walkout by (I am told) 3 Directors. I think we need answers as to what actually went so terribly wrong it is as though things turned bad overnight as there was no alert in the communications from the Company posted on ASX. These were "trusted" men in place, "knew their jobs" "beyond reproach" "Knew the business" etc. etc.
I applaud Mal's blog, but I for one would want to see what is proposed to lift this company out of the abyss.
No doubt very trying times for Mal, but how in hell did it get to this stage of wipeout. Did no alarm bells ring for those in the know?
I only spoke with Peter Grainger once and what a load of crap I was told, all indicating that the board was working diligently towards benefiting shareholders.
To be honest I have written off the investment in my mind and don't think I can bare to go through anymore senarios.
Going o/s for 12 days, won't have e mail communication, may feel differently when we return Sept 12th. However, truly think I have moved on and almost put this behind me.
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Mkt cap ! $71.58M |
Open | High | Low | Value | Volume |
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17 | 4046915 | 0.013 |
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8 | 4552000 | 0.011 |
Price($) | Vol. | No. |
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