AUL 0.00% 28.5¢ austar gold limited

I am all for diversification, but there has to be a point where...

  1. 241 Posts.
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    I am all for diversification, but there has to be a point where too many irons in the fire becomes cost prohibitive surely.

    The outgoings given the work planned in the near future can only escalate in the future one would think.

    I hope this does not turn out to be one of those mega diluted organisations that in the end has nothing to show for the millions of dollars of outlay, except a bunch of very happy managerial staff retired to the good life on yours and my hard earned.

    One of the saving graces of this Company in my opinion was its tight register and small share allotment, I can not see how that will remain the case to much longer.

    Cheers

    Disclosure: Disillusioned
 
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Currently unlisted public company.

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