CDU 0.00% 23.5¢ cudeco limited

smh article, page-23

  1. 30,924 Posts.
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    wishlist, you don't realise how much damage this has done corporately.

    WM loves to ignore the suits. He really thinks that it doesn't matter if he doesn't care about them. That they will come to him cap in hand begging him to lend them money when the time comes. A presentation of this calibre is aimed purely at non-professional investors. The suits will be laughing their heads off at this, and it just raises huge warning flags to them as regards the company's overall position.

    Noellyn is right - the number of companies that are bust a couple of years after pulling a stunt like this is high. WM could at least have used a TV presenter with vague scientific credentials like a Catalyst reporter, or even James May, but no, it had to be a game show host. Says it all really .....

    An ex-suit.
 
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