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31-07-2024, 09:32 PM
#121
Member
Greenfern is scared of fading away into obvillion which is what should happen to them,
This will just be a jack up of the share price, maybe by a mate of management, so they remain "important" and topical,
But in reality they have no substance and should fade away
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31-07-2024, 10:21 PM
#122
Credit where due .. by fair or other means they so far haven't managed to put themselves down the toilet (yet) like the other mob
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31-07-2024, 11:23 PM
#123
Member
Greenfern is being propped up by directors loans, who don't want their names attached to a failure
Greenfern is a sad story of greed and narcassism and they are running out of excuses
Last edited by shareman; 01-08-2024 at 01:38 AM.
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01-08-2024, 08:43 PM
#124
Member
This is the cold, hard, ugly truth about Greenfern, theyve spent shareholders money for little or no return, net cashflow per year:
2019 ($0,074,000)
2020 ($0,350,000)
2021 ($1,020,000)
2022 ($2,078,193)
2023 ($1,379,698)
2024 ($0,589,338)
Numbers do not lie
Last edited by shareman; 04-08-2024 at 09:52 AM.
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01-08-2024, 09:07 PM
#125
Ive been a SM investor for a long time...Like is it not a truism that once an entity has made heaps of dosh for its owners...a decision is made to list on the SM...to carry on the dream...hahahahaah
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02-08-2024, 09:41 AM
#126
![Quote](images/misc/quote_icon.png) Originally Posted by ValueNZ
Thanks, I knew this was quite likely to be your answer. I feel similarly about shorting and option contracts in general. What happened with Gamestop was certainly crazy and even today it trades 24x higher than it did in 2020.
I'll take a look into what happened to Daniel Gladis during the GFC since I'm unaware of what happened there.
Val N Z, If you read this Ive tried to google Daniel Gladis re the GFC situation but it only comes up with his book and lecture info is there any info/link re what happened re the GFC ?
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Member
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![Quote](images/misc/quote_icon.png) Originally Posted by shareman
Not sure it is apt to describe this circumstance as a "disaster". It seems to simply hinge on whether the matter was sufficently material to warrant a market announcement in the first place. I would have thought it was but you could argue otherwise. And anyway, the issue had apparently already been resolved on normal commercial terms in a timely fashion.
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