Yes, sludge, I'm disappointed in how management have mis-managed the cash and costs. If we managed our own affairs the same way we'd all be bankrupt. ...
They are expert at deals though so I'm still hoping they can come up with something positive for all shareholders - without a heavy dilution.
They have always declared they are working in shareholders best interests. That has to mean, then, not in the interests of whomever they are dealing with, not in the interests of lawyers -nor the sales agent, or their own remuneration.
It would be good to see a paring down in salaries and admin, as other companies do when cash is tight.
AGS Price at posting:
9.2¢ Sentiment: None Disclosure: Held
