RE: Bad times...25 Apr 2019 23:51
oldskool, I can’t blame you for going where you can make a few pounds. Nothing at all wrong with that, in my book.
Furthermore, I expect that is what the majority of this board wants and I agree with you that Mr Masterman is not delivering in that respect. I can see why most of the board is disappointed in his performance, although to be fair, it would be almost impossible for him to keep everyone happy, all of the time. If he spikes the price, it suits sellers, but not buyers. If he drops the price, it suits sellers, not buyers.
To be fair to him, I just think he tries his best to promote Wresources, in the best way he can. Getting in the money, spending it carefully. According to all the anecdotal evidence, he spends it extremely carefully!.
There is a vast spectrum of shareholders here, from traders to LTHs and I can guarantee that many will have sold 50-100% of their holdings, before Tonnacombe, I or a handful of investors sell ANY of our holdings.
I don’t need a return on WRES until 2020. As long as the plant gets built properly and safely, I really can wait for big returns.
It’s all about risk, reward, timescales and perspective, imho.