I also mailed the company on Thursday. The response, well, I feel much the same as you. Not happy, and my only question was not answered.
They continue to makes reference to the Indexes. This kind of comparison was rejected by the current board when they made their attack on the old board.
From the end of first quarter 2011 (calendar year) to 4th August.
-the market (All Ordinaries) is down ~10% since March 31st 2011.
-the ASX 300 Energy is down ~18%.
-Molopo itself is also down ~18%.
Why don't they take a look at the SP from when they took over, which was around say $1.08 to the close on Friday of 0.63c.
That's a drop of about 40%.
No wonder Shareholders are not happy. During their take over fight they did promise SH short term gains. Where is it Beck?
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