ADA 3.13% 33.0¢ adacel technologies limited

Ann: Appendix 4D and Half Year Report, page-14

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  1. 5,144 Posts.
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    Hi MZA
    I couldnt agree more.
    The board seem to feel governed totally by the clients wishes (don't release info), however they are also bound by ASX and shareholder regulations, and that's where I think they let us down.
    The last announcement mentioned several deals, yet the response was tepid, and I believe this is down to the lack of good PRCommunications.
    It's a great company, strong market reputation, but right now it really lacks when it comes to looking after shareholders.
    I have mentioned this before to someone on the board of Adacel, and the response was about improving shareholder relations by updating the website, allowing us to register for news, but I still don't think this is good enough, I am irritated that they can't at least release a "vanilla" style announcement without giving away too much detail when they win a contract.
    Let's see if we get any news from the World ATM Congress thing in Madrid which they have a good stand on (it's happening right now)....
    However rest assured, I will constantly voice my concerns over how news is released.....
 
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