HAW
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5.00% 6.3¢ hawthorn resources limited

There are way too many spec companies in oz to be sustainable...

  1. rayser
    1,388 Posts.
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    26/06/13
    09:38
    Post #: 11928389
    There are way too many spec companies in oz to be sustainable with directors paying themselves ridiculous salaries for doing very little.Many will fold in coming years as raising capital will become increasingly difficult.Investors will simply stay clear from this end of the market.HAW and LCY should merge to develop bevan but which directors will say goodbye to their overpaid employment.All IMO
    HAW Price at posting: 5.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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