I don't have much confidence in Mr Lee and I find it hard to reconcile the support he is getting at a corporate level from those who wish to take conrol of the board and our Company.
No doubt there'll be bucketloads of spin about turning things around and creating long term value for shareholders but I've got a sick feeling shareholders are going to get the rough end of pineapple.
Yeah right, a capital return ... what a great idea! Sheer genius! Lots shareholders have lost many multiples of what is being spruiked. I have a massive issue as to whether PI88 was withdrawn prematurely, and if so, are there hidden agendas by possible third party conspirators who may or may not have contributed to the mire which we now face.
If I recall correctly, wasn't ASIC sniffing around not long ago.
DYOR
Cheers Boomer
PGL Price at posting:
56.9¢ Sentiment: Hold Disclosure: Held
