Remember Bobcock&brown where the CEO phil Green was telling everyone that the company was fine right up to the Appointment of Adminstrators. And many other companys where the CEO and board were telling porkies right up to the Appointment of Adminstrators.
It took over 2 months to raise capital and thats only because the board had to put its hand out to Hunter Hall or they wouldn't have raise the capital.
My guess is we are going to see the shareprice tumble untill the board is changed, No large investor will have anything to do with this board as we just seen in the long Extensions of Suspension.
We shareholders need to act now, not wait and hope that thing will be ok if we do we will see the Adminstrators like all the other companys.
Do you shareholders now see all the talk about a talkover, Discussions regarding renewable generation acquisitions and discuions with interested parties that have approached the company as well as merger and acquisition opportunities. "are all crap" more CEO Bullchit.
JGL Price at posting:
10.5¢ Sentiment: Hold Disclosure: Not Held
