I only have a small stake im SRF and even though its value has almost completely been wiped out, I will refuse to sell and play into the hands of a James Cameron T/O bid - basically I have little to lose in sitting on what I have and waiting for a year or two to see some return to value, however the clowns running this show seem like such incompetent fools I suspect eventually this will end up in liquidation.
How anybody can make a $20M contract error is beyond me, it has to be classified as incomptence. Where is the announcement advising the DH who made this mistake has got the chop. If not then why isn't the interim CEO taking responsibility, than offering an ASX accouncement effectively saying "oops"!
Cheers, Sharks.
SRF Price at posting:
29.0¢ Sentiment: None Disclosure: Held