ImpatienoneWow,
Your statement bring me back a long time ago when we used to spar regularly on this BB...
Let me see if I understand the true meaning of your comments:
So you sold your shares today, presumably to lock in your profit.. Naturally, the profit was made on the appreciation of the share price over the last months .. And you may even be hopping that share price will go lower so you can by back more shares with the same cash and make more money later ... Ok that is name of the game fine...
What I don’t understand then why are wasting time criticizing the management that help you generate that profit ...You must admit that $ 0.08 to $ 0.20 during the last 52 week is not a bad return when you consider the problems AFA had with the boat... , but of course, I understand, you are right, AFA share price movement could not be a result of management works promoting the story...
Ok, I understand, you are of the opinion that share movement going up is independent of management actions but the delays and the resulting share price correction is 100 % management fault...
Furthermore, your solution to resolve this is looking for a new management closer to the one once found at Namco (NMR) and Diamond Field (DFI)... That is what you are saying, Right !!
So you think that the management that was responsible for the biggest TSX bankruptcy (none fraudulent), is more capable.... then AFA present management.... Do you actually remember why NMR went bankrupt ??? or do I have to educate you all over again....
Just to help the newbie keep score, ten years ago one share of AFA was
.30, one share of NMR was worth about $ 10,00 while one share of DFI was $ 3.00.
Now, do you now what each shares are worth now....
NMR was delisted 8 years ago, so it may be worth $ 0.000000000001 (Maybe) today with no upside and the same share of DFI is worth $ 0.004....
I guess you are right to complain because in AFA case , the same share is worth $ 0.20 and still has all the upside... I am pretty certain that if you ask people who invested in NMR and DFI they would chose AFA management over the NMR and DFI management...