As HotCopper Diary pointed out in its news section some time ago (http://hotcopper.com.au/resources/cudeco-boss-hunts-down-shareholder-over-posts.139/#.Vqf5OCp96hc), lawsuits to silence critical commentary usually end very badly for the company. They were referencing Cudeco, who sued HC to find the identity of a poster.
Within a short time the founder chairman Wayne McCrae was pushed out by shareholders:
http://www.smh.com.au/business/mini...ut-by-major-shareholders-20150724-gijleu.html
Then the shareholders revolted:
http://www.goldcoastbulletin.com.au...t/news-story/d74ec54a6ef1ec573908fa3df00ef2a6
Then the new chairman resigned just a week ago:
http://www.goldcoastbulletin.com.au...y/news-story/5ff3087701d9835a93ffc9afdeac820f
Meanwhile, the sp has fallen from $1.70 to $1.11, and there are whispers about its viability. So while legal intimidation may seem tempting for OSL management, I think maybe allowing public debate about a public company may prove to be the wisest course.
As HotCopper Diary pointed out in its news section some time ago...
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Last
$1.16 |
Change
-0.010(0.86%) |
Mkt cap ! $21.74M | |||
| Open | High | Low | Value | Volume |
| $1.17 | $1.17 | $1.14 | $80.47K | 69.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2150 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 7380 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| OSL (ASX) Chart |