Horrible! We are almost back to the 'Pre- Consolidation' share price. This is honestly a BIG RED FLAG in their ability to protect shareholder interests.
I'm happy they released the announcements, BUT you have to do it tactfully, and in fact, it is an 'art form' as a PUBLIC LISTED COMPANY. You don't release announcements thinking it has no implications or plan. Why and what is your interest in trying to perpetually keep the share price down.
Is it intentional, or just pure stupidity/inexperience on their part?!
I'm sure management has kept the Investor Day video on hand, do you think they would put it on the website, or send it to broker agencies? NO! It was a horrible presentation, and they just continue to stumble driving down the share price like the recent news announcement!
Plan, and release positively geared announcements, and if they are negative, make sure you have something positive, or someone to underwrite if the SP falls! You need to partner with broker/institutional investors to give certainty and pick up any slack, to ensure long term growth in the share price!
