I attended and was completely underwhelmed. Did not leave the AGM with any confidence in the continued success of the company.
I found the chairman to make many 'I believe' and 'we hope' type vague statements.
In simple, they are spending substantially more money than they are making with no clear solution to fixing the problem other than 'we are working on deals...'.
I have been a holder for almost 8 years and left the AGM disappointed, I sold out this afternoon my complete holding at an 88.4% loss as I do not have confidence that this company will be in a position to substantially improve its financial position any time soon.
POH Price at posting:
0.4¢ Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)