its a shame about the roo

I feel so disappointed with the way things have panned out for the Roo and its shareholders.It is blatantly obvious that the SP is being controlled for an end outcome. Really the only beneficiary of this controlled low SP is Bayan

When it was being run on its own merits by MOK and his aussie crew their was an air of excitement about it and you had the feeling that it could have gone anywhere.

In a very short space of time they managed to pick up some extaordinary coal assets. Assets that would not have been subject to any communist styled taxes that the current band of red branded unionists who are running this country, have imposed on the Australian minng community.

Now I think we are heading for a controlled exit at a very small price premium. This company could have been something special, but with the Indonesian branded control we are seeing it will end up nothing more than small time pretender.

So if I see Bayan become involved in any other Australian assets or companies I will be encouraging a quick exit