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19/01/11
20:59
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Jasra,
Without an effective management team a start up company wouldn't get very far, let alone even raise capital.
I don't adovacte an excessive amount of managers/execs but I see this as a positive to move forward.
You don't make money or create value without first spending it wisely, look at the appointment as a investment in the company.
I've also mentioned previously that you need patience with spec buys if your a buy and hold.
If you're after quicker movement with high liquidity then jump into a producing stock.
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