Originally posted by sabine
I held shares in this company for a long time - since NRW got the contract .
And I bought in the recent cap raising too.
But I just let go of the last sad remnant parcel of shares.
It probably means the price is about to fly as my trades are mostly excellent contrarian indicators that a trend is about to change.
I hope so for everyone especially the loyal long term people .
Cheers
I dont blame you...
The information we recieve is next to nothing- and when we recieve it there is a big window dressing fascade over the facts.
Most of the annoucements in the last 12 months have been about 'mining our pockets' as someone previously stated ...and watering down our shares- or at times total rubbish. Clearly the mine is on its knees.
To think theres so little information getting around- beyond a director buying more shares a month ago- and to see that alot of the board room decisions have badly affected the results- is very scary. Its as though they didnt actually do the math to begin.
The agm seems like a waste of time... is that where some 'facts' are going to be revealed? ... or is that against the law to reveal them there?... yes probably
I just dont see what good can come of the agm for the shareholders...
the employees/ the banks/ unions and directors are the only clear winners so far...
certainly the board had no idea what was going on and it caught up with them.. and us in the end.
this has been a real heart breaker.