Yes, I agree poor management as is problem with many companies run by families. Certainly get paid well for it $500 000 wish I could get that amount. Last dividends AFTER CAPITAL raising were obviously to pay themselves and their lifestyle boats etc,
The REAL shock to me was this sudden announcement of hedging!! 2 months ago they were trying to portray the lower dollar was going to help (they didnt as much say that ) _ now I understand the next loss after the superannuation is going to come from CURRENCY HEDGE issues even I could have told them 18 month ago BAD IDEA (I worked on gold mines 35 years ago).
Mrthinkds it is tame to suffer losses and get out of this lousily run company.
DYOR
Just my opinion.
Cheers
GUYS
Yes, I agree poor management as is problem with many companies...
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