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PRX 8.0¢

When are we going to get told the truth

  1. bm3121

    653 Posts.
    2
    Our Directors come out with positive announcements time and time again, yet the price of our shares keeps going down. Someone is obviously deluded as to what the actual situation is....the Directors or the sellers. The only ones who seem to be making a handsome gain at the moment are the Directors who haven't dropped off one cent as to their compensation.....making claim after claim that everything is rosy and that seems to justify what we pay them. Will we ever become a producer, taking that the last announcement does have some near future timelines, or will there be other issues which will continue the pattern of ineptitude. There are shareholders who simply don't believe them or have more relevant information and are dumping shares at current, if not lower prices. At least they may have escaped the circle of positive announcements after announcement with the price escalating further downwards. They now have a definite price that their initial investment is now worth. The ASX is supposed to be an avenue to support business growth... Unfortunately, it is, and has been for a long time now, an avenue to give Directors a gravy train of endless wealth until the shareholders are drained out. Shareholders are caught with little chance of influencing or voting for a different direction from company management, let alone actually getting some truth.

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