great thread, quite cathartic!
my vote goes to WSP .White sands petroleum. Bought a rig in Norway, had a significant slice of lots of contracted wells in Aust. Problem was the rig didn't work. couldn't drill swiss cheese. Of course shareholders did not know this.
Has morphed 3 times from WSP to Maverick to Maverick something to TEG... each time shareholders took a dilutionary bath. original holdings in WSP are now worthless. 30c to nothing!
CLF another goodie. best laugh there was when Packer took a share and everyone jumped in. All he wanted was to keep them from drilling his beloved property in the Upper Hunter.
and SBN
- Forums
- ASX - General
- the worst 10 stocks on the asx
the worst 10 stocks on the asx, page-125
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)