aramalap2 your only comments on the stock have been to highlight the negative media articles and negative points and continually harp on about class action.
Where do you get all this class action stuff, are you trying to fire holders up into taking it on? I can see nothing anywhere on any class action against SIP. You're obviously shorting it right?
No problem if you are.
But yes, the 3 of them running the company need to answer for what has happened, they obviously made mistakes or didn't manage the business as they should have and investors are now badly out of pocket.
But one of our cornerstone local Australian companies needs to be shaken up, yes, but allowed to continue to operate in our local market, against cheaper foreign competitors once all this is done and dusted.
I am very, very much against personal profiteering at the expense of an iconic local business like this and hope that this turns around and gets back on track.
The refinancing with the banks is a step in the right direction, and the departure of 1 if not two of the 3 primary figures in the business is now required I think.
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