wabbit
There is something wrong here other people are making money on disallowed some on EGO your loosing money - yes I seem to be making money elsewhere other than here
and you are blaming the board did the board tell you to invest in EGO or was it your own decision - Yes, the previous board told me & everyone else to invest in EGO while they were offloading their shares on market so yes I blame them. This board have also made promises which I am merely keeping them to. I don't give a hoot about changed climate as they should have provided more guidance on risk analysis if they want me to be kind but they did not...they said they would create shareholder wealth over 2 years ago & that has not happened it has literally halved since then so yes I blame them as they are the ones steering this ship. I can blame myself for listening to them!
Ask yourself why did you not sell when you had lost 10% of your capital and purchase some other stock. - Because I stupidly did not have a stop loss & believed we could not possibly go as low as we have.
Give an honest answer I am in the same position as you but I did average down a bit the reason I held was greed the same as you I think it will be a cash cow in the future and I am willing to wait apparently you are not if I am wrong it is my fault. - What else do you think I am providing? Are you now accusing me of not being honest???????
You do not want to give them more time they have had enough. - Correct! Or provide answers to the issues I have i.e. board stacking, timelines & what will success look like.
How long have you been investing and is you family going to give you more time to invest there wealth as you are the CEO of the family and make the decisions.
You are trying to blame someone else for you failings see it as it is . - I wouldn't consider an average 15% gain annually a failure across many shares but hey maybe you are a much better investor than I am & can do much better
I only blame the board when you do not get the truth and you loose money that is not the case here we are short on information I think that is for a reason after August there will be no reason for us to be kept in the dark. - I don't really care!!!! As previous I am holding them responsible for what they have already told me so yes I & many others here have reason to blame them.
They told me they would create wealth over 2 years ago...its pretty much the same board & that has not happened (again I am sick of the changed climate BS as we all know prices can fluctuate for any reason). They told me again with consolidation that we would get a farm in partner & instos would jump on board. Well guess what it is as cheap as ever but I'm not seeing any "becoming a substantial shareholder" notices are you??? So yes I blame them.... who else is the blame? They are steering the ship not me & so far have not lived up to what they themselves have stated. Like I said they have done the risk analysis but they have told us what will happen & so far it does not seem to be happening the way they have promised. I have given them the opportunity & benefit of the doubt as I was a cheer leader previously based on what they were telling me & as you can see my patience has run out because I can see that basic laymen on this forum seem to know what would happen where this board did not & that scares the shit out of me. If you & everyone else want this to stop then I suggest we get a response from all directors giving us their plan & timeline for that plan with warts & all (pros & cons) rather than "we will restore shareholder wealth" & hey presto the share price halves again. My patience is thin & so is others so I suspect if we do not see some real action soon there will be a storm coming!
