Do we watch this thing potentially go sideways, and then slowly grind down even lower, and lower, after cash raise, after cash raise, after cash raise...for another 5yrs until the Liberals might get in at the next election?
This is so frustrating.
What is gonna change?
Management seems paralysed, or worse still, unwilling to do anything.
It's not just the poor decisions that have led us into this situation, or the bulging compensation package, or the lack of communication. It's the seemingly total absence of a plan. RH appears completely indifferent to this disastrous situation.
I truly believe this has to be one of the worst management teams on the ASX. The most frustrating thing is, I still don't understand why. Why, why, why, RH did the things he did, to strand this asset, leaving it permitless the way he did. It makes no sense.
TOE Price at posting:
37.0¢ Sentiment: Buy Disclosure: Held
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