All true. It also amazes me that instos escape scrutiny for falling for all the hype, when there was never any cashflow.
But that's all history now. The shares are now priced to go bust. I doubt they will now remedial action is well underway. There is massive upside if the new management get it even half right.
23% of the company's share capital traded yesterday. Clearly a large insto has got out, or is close too. That points to a strong rebound in the days ahead.
SRF Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held