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04/01/19
14:44
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Originally posted by docmin24
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What an incredible position/comment to have as chairman, only looking at last 2-3 yrs. everyone can see what the overall game plan is and has been since Todd wanted all.
2008-2012 FMS had a board and drove SP from 1c to 30c. Then came Todd and a board who told holders to accept 2.5c, unbelievable.
Now chairman says after 2.5c to 8-10c in last 2 yrs after 40O% profit when BBIG, Chinese talk leaks etc of building ports, rail etc etc. stock not liquid. Then trashed the SP by delisting. So the board is looking after holders. Yep got that right.
What chance do mums/dads investors have fighting against the power of huge money coys. None in my opinion.
Unbelievable comment and position to have in my opinion. Plus they look after all holders. Seriously when and what part were holders looked after.
This company went down hill when Todd came onboard and our board starting working for them not holders in my opinion. Everyone can see the writing on the wall to remove minority holders. Some sadly believed production will happen. The last 2-3yrs has been an absolute disgraceful demonstration of working for holders in my opinion. In my opinion only liked holders to keep balance sheet ticking over.
Now ASIC getting tough again more lip service. Sorry guys but this battle is well and truly lost. Wish you all the very best with your fight but in my opinion it’s over red rover as the regulators will do absolutely jack imo. Feel for you all. Been where you guys are before. GLTA.
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“Sorry guys but this battle is well and truly lost.”
Thanks for the encouraging words docmin24. That is really inspirational. I hold a different view. The battle isn’t lost yet and it ain’t over yet, red rover.