DH has got shareholders over a barrel. Get rid of him and you may have to pay him everything in the Gunson bank account and more. Keep him and pray that something happens.
Just looking at the Tilbrook letter, hasn't DH earnt a few bucks over the years. Who needs to rob a bank, just run a junior on the ASX.
As for the board, you have to wonder what they are thinking. Why don't they wait for the review and then work out whether you should keep him.
Now I've been in these spots before, thrown a heap of money into a stock and copped a burning when it fails, is in a terrible spot or is at near-death. All you can do is pick yourself up, go with what you know, what has served you well before and ask a record amount of questions. You may also run into people that give an opposing view to your own, don't dispel them, they may save you some heartache.
Pep
GUN Price at posting:
2.9¢ Sentiment: None Disclosure: Not Held