That whole episode was handled terribly from the turn of the year with constant suspension. Surely there has to be a stewards enquiry on the asx as you are probably right there was something going on IMO. Shocking leaving the pis to take the bullet
Morning guys. We didn't sell at 18p as we hoped for a spike, pre news and leading upto it. Even the most conservative expectations were 24p. What really happened was that the news was circa 3 weeks early and no spike. Interestingly, the sp the dropping leading to news, suggesting the Perth mob got what they wanted. Ousted the previous CEO..got a pal in who made sure insiders made their money. Happy to hear other opinions if you have the energy. Most of us would have sold pre result. Also the present CEO happily suggested that we'd be at pre result sp within 12 months, regardless of results.
It's been a shocking ride for us all. I have lost a fortune due to the complete incompetence of the bod. The only comfort I take from this shambles is that their reputations are in tatters as well and I only hope they have lost out big time. They don't deserve to be in amp y type of management position after this fiasco. 2009 this share had promise! That quickly evaporated.
Trade shown at 1017 today as a sell was a buy ! Allegedly there.is potential here and although we should have sold in early June at 18+p we were holding out for success which unfortunately did not come. Will hang on now and hope the BOD can bring things round and maybe, just maybe there will be some value somewhere down the road. GLA
Poor old bugsy, I sold some of my frr the other day to put in UKOG, better management! Did you notice the 2500 drop in oil?
why bother selling at this low price, best wait and see after share settles down. if goes bust doesn't matter lost everything already ?
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