Wow has that "Midas" of the corporate world, Paul Garner got front or what.
Asking for "Discovery Shares" for doing what you might be forgiven in thinking is what he is already being paid for ie finding something for this much reamed shell to actually do !
From back in 2000 odd when they took over some flee-bitten carcass that's "business" was supplying carbon (read coke) from some shed in Collie WA thru to tech wannabees that never even got round to actually identifying something of interest ie they missed the tech boom, to the still born climate/carbon credit/whatever business, to now oil/gas explorers . . . . . PLEEEEEEASE & each "new" rebirth the directors award themselves a truckload of shares for discovering the new holy grail.
Word was around the race tracks of Perth a few years back that P Garner was living & racing horses in Malaysia with his licensed sidekick Frankie M. yet low & behold he was simultaneously being awarded yet more free shares for discovering climate change or whatever.
Leap of faith to think that a coat of paint over this old tub is going to make it able to be passed off as seaworthy
Good luck to all that sign on for it's xth maiden cruise, but remember to sleep with your life jacket on !
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
Stay ahead of the market, with HotCopper.