Any potential shareholder in this companies management needs to know that over the years despite allowing the SP to leak south on a continuous basis, there has been activity (for which Fees have been paid) to acquire a mish-mash of products and services.
2010 Valyearm and Enhanced Biogenic Methane
2009 Andong Gold JV and Praire Pacific Mining
2008 Quick-Links Australia and Mandarin
2007 Cambodia Assets
2006 CLT Net Technology
2004 Laser Technology
It shows the Company has an opportunistic board who are thrashing around earning fees rather than making value for anyone outside the Company.
Si if Valleyarm is such a cracking revenue earner, how come no one believes it and the SP has declined (yet again) back to its 0.005 cents level?
You have to question why ASIC allow companies such as this to continue to trade.
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- long term incompetence
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