Once again, statements with no facts.
The cash burn rate is lower than the 5 peer companies that I gave as an example of poor performance. Those example companies have a higher cash burn rate than Liberty coupled with a substantially higher share price loss over the 5 years that was compared.
You can't expect a listed company to operate without administrative costs and stay alive, Do you expect that Auto have better plans when it comes to administrative costs? No one knows these guys, If we want a new board we could have voted no at all the AGM's in recent years.
To me it's just a smear campaign along with SP manipulation.
"Ridiculous"
Oh yeah, a more fiscally prudent board.
One with $1500 in the bank.
Add to My Watchlist
What is My Watchlist?