Dear Delinvestor, I would like to post the article here,but it would be over stepping the mark.My reason for its reference is that last Thursday 17/1/13 Mr Hempton made news in The Australian in an article "Fight gets nasty as Herbalife recovers".On US Hedgefund Manager Bill Ackman who shorted Herbalife ,calling it a pyramid scheme,the article states that Hempton called him a "Harvard-educated billionaire who did not check his facts because he was so ridge with a misplaced silverspoon" and Ackmans claims were the "most easily falsified bearthesis I have seen from a major hedgefund ever".
Since the Michael West articles, approximately $700,000,000 has been wiped off EWC market cap, why because a journalist got fed a good wrap?,because no true diligence was done?.It was demonstrated here on this site that checking all the contractors etc for Sengkang was not too difficult,but the damage was and continues to be done.
Public scrutiny is a good and necessary thing as long as it done correctly, fairly and legitimately.Did someone profit from leaked misinformation? Still a lot of this has been allow to occur because of EWC's management and communication, it is just tragic it happened when the projects are finally taking shape and the long shareholders suffer. Much better news soon.
Cheers Doc.
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