GDO 0.00% 30.0¢ gold one international limited

This desire to grow at any costs is a killer of so many great...

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  1. 15,774 Posts.
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    This desire to grow at any costs is a killer of so many great growth stories
    The had modder east pumping cash out and Ventersburg being developed , but like many companies the desire to grow was too much and then went and borrowed money to buy a marginal operation that needed huge capex to potentially make profitable. Now they are wasting all modder east cashflow to try and make Cooke profitable , and it the gold price falls they will bleed cash even with modder east . I hate this empire building by executives at the cost of shareholders
 
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