LCY 10.0% 1.1¢ legacy iron ore limited

This is absolutely disgraceful. The Merc should be sold and the...

  1. 2,082 Posts.
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    This is absolutely disgraceful.

    The Merc should be sold and the proceeds used to buy shares ON market.

    IMO this mob are treating shareholders as "Income Protection Insurance"...always asking to open up the wallet to fund ongoing "Admin Costs"...Could this be a "Life Style Company"...mmm

    The next Ann that comes out should be announcing some departures (NO golden parachutes either) as well as extensive salary reductions...how many people does it take to turn the lights on and boil the kettle anyway?...there doesn't appear to be much else happening.

    SP has gone from 22c to 1c...and last qtr alone $493,000 on ADMIN...What The???!!!!

    You could run this Company from a mini van with an iPhone and an iPad....better still...forget the mini van and get a virtual office at Servcorp...seriously.

    This resource had huge potential...pity

    All of the above IMO
 
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