Absolutely true.
I have never heard of such stupidity. (Well, actually I have - regularly).
This is why I take any brokerage with a grain of salt and usually have great disrespect for them.
There are some good ones - I know a few and I know of a few more - but, the stupidity that we see displayed here - should give every one who asks 'why is the SP going down in the face of strong FA' - the perfect answer ----------------
because most of these people don't deserve any fees at all - and, never forget these people are 'licenced' to advise - now, that's scary.
What it boils down to is 'oh, I can see a pile of money lying on the floor waiting to be picked up. But, I am not going to bend down and pick it up - because no one else is bending down to pick it up'
When I said the same thing happened in FMG - I meant it - for years Charlie Aitken from Bell Potter was screaming FMG from the roof tops as massive infrastructure was built - and not one other broker gave it a moment - it was incredible - as if Charlie was having a bad dream all by himself and no one else knew about it.
FMG went from cents to $130 bucks -------------- can you believe that?
Well, if you do some research, you will see that is true (remember they had a 10 to 1 split) - and you may well be interested to know (and, I don't know if this is concidental or not) - that some of the original FMG investors were (and, I would think still are) - invested in Alexium.
Also - Eddie Sugar - who is our consultant/adviser - was also a backer of FMG (?coincidence) - in fact he arranged financing for the company (from memory).
So, this little snippet from our friend NZ dude is more than interesting to me.
have a great day all
oh, btw --- if any BATES and TTWF require references ------------ please refer to history - it's all written.
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