General Chat, page-3886

Mostly self inflected. I don't think smart money trusts management anymore. This is a lesson for all small cap managers, don't do dodgy Sunday arvo cap raises for insiders, don't do pointless consolidations, don't do pointless share buybacks, don't launch into hair brained investment schemes.

I jumped out shortly after the buyback. After all, what kind of explorer starts buying back shares when they have exploring to do?

That raises questions on competency and the Sunday arvo cap raise triggered questions on ethics/honesty. Now, they need more money, so maybe buying back shares at what was it? 14-15 cents ($1.40+) a share, burning retail investor capital, wasn't a great idea?

If this company had strong management, with a methodical, honest, focussed approach -- share price would be double imho.