George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I have voted to keep them S*um that they are.
If we are taken over by more s*um so be it.
One thing that our s*um are correct about is we will be taken out for jack sh*t.
I had predicted this for months but thought at least .82 not the current SP.
I am buying a few hundred quid's worth on Tuesday at these nutty prices as I do every month, the one thing i find particularly sickening and I think will be S&S downfall is they have refused to take pay cuts. Greed has been their own undoing and still lying to us why they cannot and have not bought shares. We don't trust them, and the market doesn't trust them, but they don't seem to care.
Also, like someone posted earlier they have completely missed the boom we have been in, we all should have made a mint, not just them. They have even managed to screw up Cali, instead of selling it on at a small profit they have got us locked in with Daybreak whom the directors have stated that they don't know if it will ever be profitable again in the middle of an oil and gas boom.
Triggerboy this is the distressing thing they have excellent assets. They are good at picking the assets, but not of converting them into cash, that is where their system is failing their shareholders. They don't give a monkeys about the share price as they are on such a huge wedge and on top of their salary's bonuses and options, so they don't give a fig about the share price.
I have decided to vote for the two sc*mbags we have as I am not happy with the proposed new bunch they seem even more shady and actually more astute and intelligent in the rip off game, lesser of two evils. Although we need change, just hope that whoever wins will put an end to all our pain. I hate them all TBH. ATB & GLA.
Uggy is Persi. He just wants the company to fail and shut up shop.
S&S got great assets at good prices, but rather than take them forward and think as a team, they awarded themselves silly bonuses and salaries, if they had just bit the bullet, we would all be minted by now.
Thinking about it the whole board are pretty thick, if they had all bought shares when they were around .105 and sold Victory for a decent price rather than taking back handers, they could have made far more money legitimately, so they have robbed themselves really as well as us.
I think the other thing they are worried about is once everything comes out into the public domain; their careers and reputations (already in tatters) will be practically over as far as the financial sector and stock market is concerned.
Greed one of the seven and they fell for it. Very silly boys.
Looks like the two boys are goneski are reading that, they have not got a leg to stand on.
Of course, they will never answer what happened to the missing 3.3 million whilst they are i control, but we will find out when they are gone.
missthepenny totally agree.
If they wanted to stay they should take pay cuts, buy shares and explain where the missing £3.3 million from Corallian has gone also the rationale for partnering with Daybreak which appears to be a train wreck.
I am also heavily invested and believe we are hugely undervalued and think the market has no faith in the current directors and that is why the SP is so massively undervalued.