AYN 0.00% 0.1¢ alcyone resources ltd

'And i also think its very damaging to how you and i invest if...

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  1. 3,967 Posts.
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    'And i also think its very damaging to how you and i invest if we are going to carry the previous managements dirty water over to this NEW team.... '

    Unfortunately it is just this dirty water, along with current managements decisions, that sees us awash with billions of shares, many given away for nix, including things like 'bonus shares' for management merely for successfully tapping existing, hurting shareholders for extra funds.

    Current management may well end up owning 10% of the company for free for merely doing what they are employed to do and what their well paid salaries should already cover.

    That's a further 10% more dilution than was necessary.

    Funding is complex. The ore seems difficult and expensive to extract. We are a one trick pony that has broken its leg.

    My crystal ball says share consolidation and further capital raisings. AXM comes to mind.

    Janti has every right to feel jaded, negative and suspicious about the chance of this working out positively.

    Milesy



 
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Currently unlisted public company.

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