management screw over - while ship sinks LUM and ALL all over...

management screw over - while ship sinks LUM and ALL all over again - directors incomes up by massive amounts profits non existant - was ACA scathing of the corparate excess of sydney gas screwing over shareholders

Perhaps the directors are willing to fully refund those incomes by taking a placement in a capital raising down the track.

Or perhaps they should just wind the company up now and be done with it -re turn somethign back to shareholdres before the wealth destruction really begins

The other alternative is to use the overvalued script to merge with some like sized companies.

Dilute their holdings a bit