Re: Some people just don't get it
posted on
Jan 15, 2011 07:20PM
I happen to believe that the blockade last winter is what hurt us the most. We could do nothing about that.
I blame the management next.
We had an opportunity to do something about the management at the AGM but all we were able to do was stop some of the freebees at the trough. Mind you we only hold 40% of outstanding shares and even of those I presume only a small fraction read this forum.
Obviously the institutions that hold 60% of this stock and were instrumental in changing the management are the cause.
Had Sir Richard been at the helm I am convinced that things would be better, state of the economy taken into consideration. I suspect out sp would have been between 2 & 3$ ( economy the cause) and should be between 4 & 6$ in normal times.
Right now we can do nothing unless a sizable portion of the institutional hold joins in.
Next opportunity will be at next AGM. How will you vote? Will you remember?