Yeah, I'm out too at least for the time being (and maybe forever if things don't change with management).
The delay in announcing this incident may have been as a result of being busy making sure everyone was unharmed (and I'll allow that as a reasonable excuse for not providing prompt details) but it is inexcusable that they allowed the company to continue trading while the information was available to some and not others. They should have called a halt to trading, even if they were not yet in a position to provide all the details.
It might be a week before we know what's going on, but knowing this company it is more likely that it will be multiples of that - possibly even months before this is resolved. In the mean time, continued fluff and faff about irrelevancies will come pouring out - no doubt.
Cheers
Badfish
CTP Price at posting:
27.5¢ Sentiment: Sell Disclosure: Not Held
