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Matt D - unfortunately I stayed in and now nearly lost it all....

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  1. 37 Posts.
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    Matt D - unfortunately I stayed in and now nearly lost it all. At this stage will hold on and pray for miracle. That will definitively not come with the present bunch of incompetent management. I just did a little math - say 600 million shares at $0.10 is $60 million, today the value of 600 mil shares is $3 million. So the shareholders lots under this scenario $57 million. I know, this is simplistic and not exact. It will be much, much more - probably over $100 million.. Do these guys realize that many of the shareholders worked hard for the invested money? If you have 1 million shares, you lost $96K. That is absolutely terrible. I see from the share register, that some people have the shares in their super - there goes your retirement. They just play with people 's lives. I would take it on the chin (after all- shares are a gamble), if the market would be bad, product up to s..t, or what ever genuine adverse situation. But not when - as someone put in nicely here - "their snouts in the trough. The AGM reports are glowing with optimism for the last 10 years and here we are. Bad to worst. They are like emus with their heads in the sand. Incredible that everyone is quiet. I am too small of a holder to kick up a stink, why aren't the big boys screaming and yelling?? They have huge losses.
    Disgraceful, the board should be ashamed of them selves. If it would be a private company funded by their money, they would be bankrupt, divorced and quite likely in jail.
    Thanks a lot DDT board.
 
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Last trade - 10.02am 29/11/2024 (20 minute delay) ?
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