RE: Minty30 Mar 2019 08:59
XR, whichever way this is spun, there has still been share price manipulation and potentially fraudulent activity by the company; possibly others too. We can do the usual, as you are, and say it isn't so bad and maybe things will be positive in the end, or we can take this opportunity while the company is still in business to investigate what the h*ll they've been up to this time.
As for seadog, he may well be a genuine investor who carries out great research etc etc as you're suggesting and as I've defended him to be previously. However, he has twice now been very vocal about the fact a placement isn't coming....before the Beaufort debacle and now with this one with his multiple posts on the company allegedly having refused cash previously so how could a placement be coming? Whether he and the others closer to the company were involved or had knowledge of what was going on, this is another royal shafting for most genuine holders, whichever way you look at it.