Originally posted by towie
Hopefully, will soon be over and all of those, like kcof, would be thanking the TOs for the delay to enable him to continue to top up at these levels. Soon know. Hi Yes there are a lot of us who have used this time to Top Up with Cheapies But IF I Had used those funds to Buy AVB CVN and WKT at the same time the Share Portfolio would look a lot better At The Moment Cheers Towie
Yes Towie, but, over the years with all the massive dilution and absolute and blatant waste of time, LNY management have much more to answer to their shareholders for. Their last two "commercial" decisions have been financial disasters and this, we hope, is third time lucky. But, it;'s most certainly the last time for me and I'm sure most of those other 4,000 shareholders who have not topped up and have lost everything. This management is bordering on negligence and culpability in their financial management and shareholder obligations. Will be interesting to see if they consider Friday's TO decision to be material and to notify shareholders.
I've been told by a local that the wet season is not expected to start this year until closer to the end of December and to go through to March 2019.
