Much speculation re major shareholders here putting on brakes and willing to develop all of our fantastic assets only on a timetable to suit themselves.
Fair enough but they shouldn't be allowed to list on asx and take investors money if tbeir intention is only to sit on tenements and nurse until suits them to develop. And in the meantime drive shareholder value into the ground. I'm still not sure why it isn't illegal.
Sold a parcel the other day at substantial loss but hopefully into an alternative that will pay off. Doesn't lessen the pain at what we have gone through since Mosig threw in the towel. I was hoping for action from CN although looks as if that was ill founded too - just another puppet.
I hear what you are saying @Winfield re forces outside in the great wide world but I don't see any evidence of a minor skirmish on behalf of shareholders being taken up by this management.
This is possibly one of the most disappointing stocks on the asx given assets held and a once in a generation opportunity allowed to be thrown away. Again - how is it legal for a BoD to allow this to happen when stated aim is to 'maximise shareholder value. Do we have a case to argue?????
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