Agree, Paul Glass/the Company needs to improve how they communicate with shareholders and the market. If there is an easy explanation for the numbers (such as an increase in employee costs due to paying out previous BlueSky management prior to departure for example) then inform the market of the non-recurring nature of the half-yearly spike in costs. If left in the dark the market will more often than not assume the worse.
Releasing a half-yearly report without any Company presentation is just lazy or implies there is nothing good to say so we'll just say nothing.
He needs to understand how the stock market operates as well as hybrid cloud storage & networks if he is to be the type of MD/CEO he aspires to be.
1. GROW REVENUE ORGANICALLY 2. CONTAIN COSTS 3. COMMUNICATE TO STAKEHOLDERS AND INVESTORS 4. MEET SHORT TERM FINANCIAL TARGETS 5. SHARE PRICE STRENGTHENS 6. MAKE NON DILUTIONARY SCRIP BASED VALUE ACCRETIVE ACQUISITIONS 7. GROW REVENUE FURTHER BY ACQUISITION 8. REDUCE COSTS AGAIN THROUGH SYNERGY BENEFITS 9. ACHIEVE ANNUAL FINANCIAL TARGETS 10. SHARE PRICE STRENGTHENS 11. REPEAT STEPS 1 TO 9
(20min delay)