Hugh made us believe that his mantra was "no further cap raisings would be required!".....HA!!.....and a cap raising at just 11.5c.....and none given to us suckers who have held this stock longer than he has been on the scene...
If you are going to screw your shareholders - at least have the decency to offer the courtesy of a reach-around...with a little taste of the offering at 11.5....stuff the oppies at 15c....what a ridiculous appeasement!
I wonder if the 2006 Mining CEO of the Year Trophy is still sitting proudly on his mahogany desk??
Simon Brodie (CFO) should be in your line of sights too BTW....absolute clown....he ran the numbers/ due diligence on all these overpriced acquisitions...and he is as arrogant a bean counter you will ever meet..
TMR Price at posting:
0.0¢ Sentiment: None Disclosure: Held