gassed,
I'm not splitting hairs, its about posting the correct facts. Your posts are littered with inaccuracies. Which is frankly waisting my time by correcting them. Your incorrect analysis of the quarterly cashflow report was point in fact.
"And how much he has poured into the company has absolutely no bearing on whether or not he will or can pull the plug."
I find this comment remarkable and irrational. Please re-read my previous and give it some thought.
Additionally, the Chairman is not the Owner of LNY, he is a SH with circa 30% of the voting shares. You, me, Directors and our fellow SH's have the other 70%. Collectively we are the owners of LNY.
"I was once a very staunch supporter of S.B. particularly
for not walking away with the lot after Renison was transformed into LNY...."
You repeatedly seek to rewrite history with this and similar statements. You are referring to June/July 2013, and your recollection is not factual.
Indeed ASIC does not agree with your version:
http://asic.gov.au/about-asic/media...3-165mr-asic-enforces-standards-in-takeovers/
Or the Takeovers Panel:
http://www.takeovers.gov.au/content/DisplayDoc.aspx?doc=media_releases/2013/028.htm&pageID=&Year=
Trust this clears up some of the misconceptions,
