Vast14 Mar 2019 11:50
AP screwed this up. No guts to admit. Once said, PP is the best asset and Roy screwed it up with the SSGI deal. Now comes on and says to sell PP. What do you truly believe. One of the best BS in aim is AP.
- Spread it too fast and too thin. Spent money/cash on unwanted/non-strategic assets.
- Poor cash management and doesn't have a clue how to run a company.
- Very good deal maker and a very poor CEO.
- Bergen deal was again poor judgement. Was a death spiral funding and killed VAST's SP.
- 50% dilution and 75% reduction in share price.
- Most of the podcasts and webcasts are BS. Delivered absolutely nothing (apart from BP licence & Mercuria Tranche 1)
- What happened to all the cash that was raised. $1m raised, where did it go? Manaila truck, where did it disappear. BP long lead time order placed in Dec'18, what happened??
- BP licence was issued in Oct-18. 6 months on, haven't got a business plan. This was suppose to be a company maker asset.
- Dilutes shareholders by issuing vast shares in billions but protects AP own interests in the company, including BP.
- If AP had decency, he should have resigned by now?
Hope VAST recovers. GL Fantasy!