seriously....the boys here need a wake up call.....whilst i would be the last one to cry and say its up to the board to rescue the share price, reality says this one is in tatters.
We have half the board chasing cashed up companies, issuing 249D's to try for control, and part of the board running around the African jungle on behalf of other companies......Wake up and smell the bacon !!! You have left a teenage girl at home alone (TAO)....is that responsible behaviour for a parent ??
For sure, the markets have been woeful, to say the least, but the performance of TAO, being basically a cashed up shell has been nothing short of terrible. There is no justification for placating larger holders by awarding them shortfall from the oppie issue, and doing a lowball raise in the future to select clients is not sustainable, and is a death knell to GTT
Wouldnt it be ironic if GTT were subjected to a 249D themselves in order to get them off the wagon, and, imho, it wouldnt be a surprise.......dont forget boys, even though most of us are basically just "holders", we are still owners of the company, and, your employers.........market turbulence is no excuse for not running a business that is basically cash backed, and adding value to that cash
wow...certainly let my beer goggles do the talking, but the message is clear....i can't justify a trip to Perth to vent my spleen, and in the interests of decorum, its probably for the better, but i have no doubt that someone will be turning up the screws, and, this board deserves some pressure, as do a few others, who also need to be pushed a bit closer to the frypan to smell the bacon
Things have changed since the "boom times" and the teams who float these cashboxes for a quick return, will now need to show some skill and perform!!
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