YOW 0.00% 2.3¢ yowie group ltd

Ann: Yowie Upweights Advertising Inestment by USD$1m-YOW.AX, page-35

  1. rfc
    72 Posts.
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    http://www.********.au/2016/09/29/h...rket-announcements-from-asx-listed-companies/

    Loxton loves the token announcement. I am worried about this stock. Management are too concerned with hype. I would like Loxton to go and will be voting down the issuance of options at the AGM. It seems they have a mandate  of hyping the stock up and hoping someone will come and buy them out. I think that is a poor strategy. I believe they should focus on building out the business with a long term focus and when the company starts to perform if a company comes with an offer great. I don't think it is smart to continually hype the stock and constantly fail to deliver.

    Great product, poor management. Lack of clarity in direction.

    I will hold for another six months to see if new managers can set the ship straight. If not i m out
 
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