all good.. it's easy to misread things ive seen/and been...

all good.. it's easy to misread things

ive seen/and been involved in these equity for debt swaps -and sure the shareholders capital is most at risk. Usually they're also the ones getting shafted.

mgmt should certainly have their remuneration tied to performance- and not just accounting tricks,, but share-price (at least for their bonuses).. and id usually applaud someone who stands up for the little fella -but in this case, our case for funding.. goldilocks are fighting a noble cause..

id actually advise goldilocks to take a substantial equity holding in Res.. provide some funding.. and look to make up their losses

just imo