KCN 2.56% $1.60 kingsgate consolidated limited.

How about Mgmt stop any thoughts on spending money and just...

  1. 888 Posts.
    lightbulb Created with Sketch. 2222
    How about Mgmt stop any thoughts on spending money and just start receiving money to buyback and cancel shares and reduce dilution- SIMPLE !

    History has shown they cannot even get an existing plant #1 that's been operational for 16 years refurbished within 16 months and just delivered us an 8 month reopening delay.

    History has shown everything they do other than dividends and buybacks just burns the money in the fire.

    History of the Purchase of NE, Dominion / Challenger / all burned money in the fire & total destruction followed..

    Anybody who has accumulated $750,000,000 in Accumulated loses on the balance sheet should have a lifetime ban on ever having a thought bubble ever again... ( My Grandma was laughing through her false teeth when i told her that story at the nursing home !)

    Buyback & Dividends are the only place Chatree profits need to go for the next 20 years.. sneaky.png

    If they simply do this, we get to +$5

    If our Anthony Albanese Politicians think they can get creative, well shove this chart in-front of there eyes to look again at what happens everytime they have got creative..

    This is our Mgmt's resume right here, everytime they spend money on anything other than buybacks & Dividends = DESTRUCTION !

    Don't let them Gamble our Golden Future away ever again !! rolleyes.png

    THEY ARE NEVER TO BE CREATIVE EVER AGAIN !

    https://hotcopper.com.au/data/attachments/6176/6176856-57dff4a1529906521c9b70db4ed9ed5d.jpg

    Are you blind oldfolk ?


    At 16c JG wasn't prepared to step up to the plate with his own cash and support Kingsgate shareprice, so don't let them burn our cash when the sun is shinning ! ----BECAUSE 2023 proved they will take it into there pockets first chance they get before shareholders have seen 1c !! confused.png

    Even Alcoholics understand they can never step foot in a pub or destruction follows...

    Fingers crossed our Mgmt understand there limitations and ban themselves from ever doing anything other than buybacks & Dividends with Chatree profits or history will be repeated..
 
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