Sorry Monster but I would paying attention to it if I was you. I have been invested in this company for a very long time and it’s always the same story with one particular large shareholder doing as they please and people always saying well that was the previous management and now let’s focus on the new management. The same old story will keep repeating itself unless the new management take control of the company and not sit their like puppets and that begins by setting their precedent and making sure that shareholders oblige by their commitments.
How about I call the company and ask for a refund for the shares I purchased at 20cents would they say no problem here’s a cheque.
I wouldn’t be surprised if they offer that same shareholder another round of partly paid shares.
MEB Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held