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Shareholders stymied, page-19

  1. 18,851 Posts.
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    The thing is, if it was properly managed, the SP would be very FAR north of 4 cents, and they wouldn't have to raise at 4.25 cents. And I doubt even the most pessimistic punter at the time (myself included), would have predicted a 4.4 cent outcome at this stage.

    I raised the issue of Mgt about 2 and half years ago before selling all at 8.1 cents, but was met with a torrent of abuse from the same defenders now.

    Any way, its a sad outcome for "genuine shareholders" who got seduced into the fairytale outcome.

    I sincerely hope the "genuine holders" get something out of it or recover the loss here from other stocks.

    IMHO, if holders can hold onto it, for another 5 to 10 years, they might make a return. Note, that is not financial advice, just an opinion.

    For me, I will wait for an opportunity to trade. But not yet.

    AIMHO and DYOR.
 
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