RE: Out !8 Jul 2025 09:36
Chaebol it's a bit hypocritical to slag someone else off and then post the one eyed nonsense that you do.
so to be clear
The Lord sold some of his shares, not all of them. Tone Goh subsequently far mare to add his already large holding. The Lord is still heading up Angra, so you have no grounds for stating your conclusion.
Bake needed a turnaround, it was riven by internal arguments, that is the only reason GST could afford to buy it. A well performing Bake would have been out of our price range. A lot of work has gone into improving the proposition but NOBODY knows for certain how it is performing.
Our last half year figures recorded revenue of just over $2m and a small loss, so to be able to purchase a bitcoin seemingly for cash is encouraging.
I'm not a fan of the placing, i'm less than enamoured with the process, but I'm still willing to give the BoD the benefitn of the doubt as they are massively experienced, massively invested and have a clear startegy