“If all shareholders pre-Billis had benefited equally (as equally as Mr Billis), no shareholder should complain, but that hasn't been the case.”
The shares have been listed since 1989. They have gone from a low of 3cents to a high of about $8 pre-dividend distributions. Anyone could have bought shares each and every step of the way and benefited to exactly the same extent as Mr Billis, it is a free market.
What sickens me are the people who bought in thinking that something was inappropriate, claiming all the way along that something was inappropriate, supposedly profiting from that inappropriate situation and then having the gall to raise questions about the inappropriate situation after profiting from it. Those are broken moral compasses.
I frankly don’t care who the beneficiaries are, I care about the astute management that identified the prospects, explored the prospects, developed the prospects and managed the prospects for all shareholders benefit.
If I was to start caring about every beneficial owner of all the stocks I owned I would go mental trying to track them down, in fact I wouldn’t be able to track them down as most hide behind nominee accounts that are held by the bankster scum that manipulate, front run, overprice, and pump and dump Austrailain shares every day of the week taking small retailer monies with them. Mr Billis never asked anyone to buy one share in his stock, never pump the story, never did a capital raising where brokers were involved, never asked anyone one of you ingrates for money. He never tried to make money out of his shareholders like you see all the time on ASX, another capital raising to keep top heavy boards feeding at the trough while the company goes nowhere. But still the pitchforks shamefully keep coming out.
The only reason people are fixated with Mr Billis’s story is his success, being able to single handly amass the largest private/public gold hoard in the sourthern hemisphere. What is happening now is nothing short of the tall poppy syndrome alive and well in Australia. Greed and broken moral compasses are driving the company to the situation it now finds itself in. If people thought there was something wrong going on with TBR, then they shoudln’t have bought shares in the company in the first place, that would have saved them the need to run off and complain. We know the real reason for the complaining, don’t we? Esh
