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Will do Chelsea,Not the first time I've called the company, I'd...

  1. 126 Posts.
    Will do Chelsea,

    Not the first time I've called the company, I'd encourage all shareholders who are as P#ssed as I am to drop them a line. Arun is definitely not short a dollar. If they are looking to build liquidity, he should sell all the the shares he wants out of in one block via a book build or as an equitable rights issue to all shareholders. This is a very illiquid stock and for the management to be continuously dumping shares tells any new shareholder that this stock is fully valued as the people running the businesss are cashing up and that there is potentially a massive overhang. This stock will not go anywhere in a hurry as no Australian Institution will put up with this, unless it can take out Arun's stock all in one go. As for the call, I'll get the usuall placating dribble
 
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