Now I am not saying there is any parallel but;
1) Mr Skase stole from shareholders and took flight in a tropical tax haven. Skase family got everything. Shareholders lost everything.
2) Mr Bond stole everything from shareholders and divorced his wife quickly, just before the courts could recover anything from his wife. She was generous to him and ensured that his life was OK. Bond family got everything. Shareholders lost everything.
3) Mr Tinkler struggles on $10k a year which his wife generously gives him while all of Tinkler's assets have been moved to her. He lives in Singapore. The same place that Prime is located and our dear leader spends most of his time. The same place our board is moving our assets. And handing them to the Chinese, who there is no unscrupulous deal, apparently. The poor Mr Tinkler has announced that he is separating from his very rich wife who has everything. At this stage, it looks like shareholders will lose everything.
4) NuSep share price is bouncing along zero and our board has manoeuvred to some position to ensure an outcome. It could be a best outcome for shareholders. That's possible. They are promising a Singapore outcome. Last week we were supposed to have 5 announcements. Shareholders have had years of expecting that we'll get everything while losing, almost, everything.
In the top 20, how much does our board and family own? And how much did they own 2, 5, 10 years ago?
Fool me once....read the byline.
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Mkt cap ! $13.00M |
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1 | 14090 | 0.022 |
3 | 497619 | 0.021 |
5 | 649700 | 0.020 |
2 | 130000 | 0.018 |
Price($) | Vol. | No. |
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0.037 | 18526 | 1 |
0.039 | 1200000 | 1 |
0.046 | 100000 | 1 |
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