The more I think about it, the more enraged I become about this company. It can be so much more. Yesterday's announcement was a disgrace. The bank loan was meant to be tied up a month ago. The cap raising is looking like it won't happen.
Why do they continually throw everything back in the shareholder's faces? I certainly won't be selling here but I do take comfort in that they have a lot more skin in the game than I do. Only lesson here is that don't invest in one man shows!
It does offer good upside but the people running it don't have a freaking clue how the asx works and probably nor do they care.
CMC Price at posting:
9.8¢ Sentiment: None Disclosure: Held