GOT groote resources limited

I bought GOT between 1.4 and 1.6c and also at 1.1c share...

  1. 19 Posts.
    I bought GOT between 1.4 and 1.6c and also at 1.1c share purchase plan , I sold them and made a good profit for the first time after losing so much in other shares based on believing announcements .I would like to get GOT shares again but commonsense questions pop up in my mind from reading all the posts and history of the company :
    Q1: company is understaffed ,why cann't the company afford employing staff.I am pretty sure the CM made enough profit from the price hike to employ few at least.
    Q2.Share purchase plan was for 1.1c to raise only $3 M
    for exploring which pushed the share price down and diluted the market,how come the company couldn't afford $3M ? It took the risk with investors' money (afraid to take risk with its money or just too frugal or what?)
    Q3.Who will pay for the $50M gas plant ?another share purchase plan ?( for new or second hand from USA as some suggested/advised in some posts).
    Q4 .How come no big company jumped on the opportunity to become a partner in such a big gas and condensate discovery when it is 80km away from major refineries and needing only 2.8 Km pipeline to connect compared to 5000km from upnorth ,not to mention the paved road from perth to GinGin and all other big city facilities.
 
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