PAK 5.26% 1.8¢ pacific american holdings limited

I took the call on the SPP, they have a standard script and it...

  1. 2,190 Posts.
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    I took the call on the SPP, they have a standard script and it is usual in cases that shareholders are not taking up an offer, just to make sure they have the relevant documents to participate.

    I said that I havent taken up yet and gave my reason as poor performance of the investment to date.

    I may take up later, but really there are better opportunities out there now vying for my additional capital.

    The failure to market the hydro opportunity and provide a least a detailed overview of progress is a sign of things to come.

    The last debacle with the gold drilling failing to catalogue the drillings correctly reminds me of Fred Carnoses's Army.

    Why would I invest more capital in a company like this? Good asset or not.

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