RE: I smell a rat.18 Aug 2019 17:59
Myo,
A deliberate use of words suggesting a high degree of positive future outcome like aim, plan, intend etc can be considered as a form of 'promise' and has a material impact on future investment decisions. They have never 'contractually guaranteed' the result - true, but they have indicated the high degree of possibility on many occasions and in various documents, presentations, media etc. and all has been needed over the years is a greater degree of honesty with shareholders IMO.
Under-delivery (funding)? In my opinion yes. At least to date. 10bln shares in issue, shareholders value destroyed and deal not even completed yet. No further comments, current SP speak for itself.
Don't pick apart every word I say mate, that's not the point.
All right, out for good now.
KOH