GXY 0.00% $5.28 galaxy resources limited

calling gxy directors!, page-24

  1. 75 Posts.
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    @Calvo, I am not talking about frequency here, but the management of market expectations and proper marketing of the company to investors at major milestones, e.g. POSCO announcement should come with a press conference / event. If the announcement is important to the company, make sure that it is treated appropriately. Bring in the marching band if they need to. There is no point of hiding under the bushel.

    Also, announcements can be used to boost market confidence when the stock is under siege (like now), updating the market re: progress at Salta court would be a good starting point since the court should be resumed by now. If the court is still working on it, then just announce it as so, at least the market knows that it is moving.

    All I am saying is, they need to inform the market regarding unexpected circumstances if they happen. Leaving the market to figure out itself AFTER the expected timeframe has passed is poor communication and is definitely contributing to the proliferation of false information in the market in general. AT needs to shout it from the roof top, not hiding information in one or two remarks in reports or conferences.
 
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