Would be great if you could back up your statements with referenced fact, examples or even realistic rumours. Even better if you simply blocked those that you don't like hearing what they have to say - personally I like to hear both sides.
I do now believe that TS is a hedge fund manager that got lucky during the GFC, this come prolonged exposure and review to his actions and results over the past 10 years.
Looking at his 'wins', he had a couple of deals made out of the GFC car wreak. One of which ended up in court with the buyer not wanting to pay the final instalment, primarily because they sold a dud - ended up settling.
He has been living off this reputation for a long time and his company is now running out of money. If he didnt stack the share registry with his mates prior to the confidence vote, then he would be gone by now - and before you shout - bitter shareholder - just look at the voting swing between the last AGM and the Tony removal vote. It matches almost to the share, the number of shares that were acquired by the mysterious sophisticated investor.
Simple facts for TS.
- Spin off asset get TS an extra paycheck - never been a success.
- CFE pays TS well about his market value - a remuneration committee made up of the other two directors is not objective.
- He has missed every target he announced to the market in regards to the Cobalt.
- Spin off companies are mostly the same staff - so where is the value or focus and attention?
- TS has failed every venture in the past 8 years.
- Perth Glory have been found guilty and points deducted from the direct actions of his shady practices - this is an insight into his business practices..
- The ATO have constantly has an eye on him, this is not done lightly.
We can continue accusing forum commenters of damaging the share price - or as shareholders get the companies directors to change its practices to more aligned with the companies best interests.
CFE Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held
