Hi Deja,
Yes, they deserve a damn good thrashing.
Can you imagine what chaos would have ensued if Basil was actually a shareholder - I would love to have been at that meeting.
I did actually begin to average down, and then saw the folly of my ways, sold 70% of my holding for a loss, invested it in some Canadian Medical Cannabis companies, recovered my losses and even made profits, so I'm not to concerned about PPL now. I have a small holding.
They are a joke, as is their management and chairman, and their product - so it's good to have a bit of fun.
Why anyone would buy these is beyond me, you'd need to be insane. The new CEO will try and do his best though. They won't acknowledge that new A.I. and Neural Net technology is basically replacing everything they stand for and will soon completely supplant them.
The idiots are like emu's, they still have their heads in the sand, but you can't talk to them.
In the meantime, lets have a little bit of fun with this complete joke of a company.
Basil Fawlty would have been a better chairman.
They could make a cartoon strip out of this mob.
No wonder the founder quit., after being demoted to innovation officer for 2 months, which amounted to another laughable fiasco for PPL - what were they thinking. They just made fools of themselves again.
These guys are The Simpsons of the ASX.
Gw
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