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Kwang Dong ( Korea ), page-47

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22/08/19

12:51

Post #: 40096165
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Originally posted by CBD: ↑

Success your approach is simplistic and you are not subjected to the strains and stresses place upon bucky and myself for that matter by Suda management.

The reason bucky does what he does is because he and many, many others have pretty much lost 90% of what they put into this stock, and the fact is the management has been lead by a CEO who has held the reins for 10 years during which time the share price has been driven into the ground (which is when you arrived) plus the shares on issue have blown out enormously and I suspect bucky's posts are a way of protest hoping to deliver a change which on past history is clearly needed.

Selling now is probably less attractive than hanging in there with the hope that the Company might suddenly make some serious changes to get back on track, a proposition which is more likely than before with the restructure of the Board.

In balance though, I do think that if he was to make all his factual concerns know to Paul Hopper and gave him a bit of a run way without the constant referring to the Companies short comings on HC (something I find myself doing such is my complete frustration with Suda) he may have a much better chance of achieving his desired result.

The real conundrum for Paul Hooper is this.

If we are in fact on the brink of something fantastic due to Steve's endeavours and it is only Steve's awful communication skills that see shareholders calling for blood, then he must find a way to settle the troops whilst this unfolds and this could be difficult if the deals continue to be small.

OR, upon closer inspection he finds Steve's management style and plans uncompatible with Suda surviving then he is faced with doing something very difficult - having to dismiss the very person who approached him to come into the Suda family in the first place.

Either way I am glad it is his issue and not mine (which of course it is .... bugger)

Clyde

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Nice post CBD

I saw 6mil shares go through just now at the cross between 3c & 4c .

Hopefully something is on the horizon.

SUD Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
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Kwang Dong ( Korea ), page-47

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Kwang Dong ( Korea ), page-47

Top Stories

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Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Buxton projects new graphite province discovery at WA Narryer play

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

BCI reaches close of funding facility for salt-first part of Mardie project

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

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