WTP 0.00% 91.0¢ watpac limited

We really can't expect much from this lot - the credibility of...

  1. 5,583 Posts.
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    We really can't expect much from this lot - the credibility of the board has already been shot dead.

    The property division stuffed up because of over-investment, we wouldn't want a similar situation with the mining division. I'd rather see it grow naturally, as a percentage of internal cash-flows from the mining division.

    I'd rather see the monies from the sell downs go back in the hands of shareholders, you know, as a token gesture: 'you put in a few hundred million into the company, here ya go, here's a few cents back.' A sorry note would be nice also, rather than hearing Kevin boast about how much accolade the company managers deserve.








 
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