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20.5¢ wiluna mining corporation limited.

Scarry stuff when looked at in this manner. Good grief! Agreed...

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47 Posts.

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23/07/17

14:53

Post #: 26028510
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Scarry stuff when looked at in this manner.
Good grief! Agreed it's time for change.

Originally posted by mmoore1957 ↑

WDR = WEALTH DESTRUCTION RATE. Some facts. On the 15/8/16 the closing SP was A$1.11. On 21/7/17 it was A$0.18. A modest reduction the BLK management team might say!!!. ON 339m shares that equates to a wealth destruction of A$312m (84%) in about 11 months. In simple maths the BLK management team have been responsible for reducing combined shareholder wealth by JUST UNDER A$M PER DAY ("WDR"). For that outstanding WDR the BLK board get MUDDY BOOT AWARD. May they apply it to the posteriors of themselves and the executive team so that a new and considerably more effective board & team can be appointed before it is TOO LATE.

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BLK Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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