here we go again,
Management has everything to do with investing in a company. Simply saying to go for a term deposit is adsured.
Looking at the track record I can not see any wealth creation for shareholders.
Management was happy to sell options to shareholder and the options rendered worthless a few months later. Why would they sell and but the ordinary full paid? While it is buyer beware and its not illegal and everything is above board it makes you think about long term wealth creation for shareholders.
What long term wealth creation did the options holders recieve buying managements stock on market when the assumption was options where to be converted.
This is not scare mongering but simple facts.
AWS, JPR BIODIESAL and EQX... three disasters in a row. You could not script EQX any better. Giving money to a party without escrowing it. Mind boggling. Who in the world does that. Sorry..... confidence zero. long term wealth for share holders zero. IMO
Manangement is ultimately responsible..... excuses count for nothing. IMO
31 12 2010 is coming. tick tock
Gibba
my opinions only
sorry I dont proof read or spell check my posts.
cash is king
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