I am really looking forward to the quarterly report. I hope at least the font has changed for all the thousands we have been paying the directors.
But I suspect the words haven't.
Let me guess.....
"Reviewing projects, value increasing"
As companies are abandoning projects left right and centre, you would have to be useless not to find something viable somewhere.
But still we wait... over a year now. At least they have stopped deducting HUGE office fees. Guess they realized it looked like a rort.
I think I know what the problem is - no large shareholding by management.
In that case maybe it is best to run the cash down to zero and then have a huge dilution placement a la Perth style with multi-millions of shares thrown in for management.
Useless.
WTN Price at posting:
6.0¢ Sentiment: None Disclosure: Held