I didn't suggest that it was the main cause..it was a contributory factor when the share price was already under pressure.
Anyway, that wasn't the point I was making. I was expressing sympathy for someone who's lost so much due in large measure to a combination of external forces beyond his control and parties who stood to benefit from a depressed share price.
And yes, before you come back and point out that the forces weren't all external, I'm sure there were some errors of judgement and execution internally too that played a part!
Whilst we may all complain about our own losses, none of us have lost as much as Domenic Carosa. We've still got our shares and a strong prospect that they'll recover..he's lost 10 million of his so any recovery will be a further reminder of what might have been.
I wish him well.
DES Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
