It’s been said many times but gee this is a frustrating stock to hold.
I can really understand the people that question why it’s listed at all: the 2 major insider holders seem very content to keep hiding money away into provisions and doing fat nothing to actually boost the SP.
You almost get the impression that we’re all just waiting for those guys to decide to retire (and then they might do something to push the SP to fair value). They’re getting their big salaries and bonuses and it’s not like there’s a need for a CR coming up, so why do they care what the SP does? Who cares about the long term retail holders, right?
Short of any effort I can see this going back well below $1 if the wider economic climate continues to deteriorate.
