In my view Coby is doing all the right things, I have trust in his leadership.
What is lacking is a enticing sales pitch to institutional investors.
To date we've made pitches to instos, mostly around the time we hit a market cap threshold that forced many to buy in (by virtue of being within ASX indexes). Evidently none of those sales pitches were received well and those who had to hold were happy to lend their shares and those who were willing to put money into the company out of choice, however they did so on the short side.
Retail is not enough and I don't need convincing. I'd rather Coby and the team put more effort into presenting a counter to the short thesis to those who can in fact counter the short.
Its not 2021 people, the foreshadowed short squeeze has not come nor will it on the back of you or me adding our small holdings.
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5 | 6362 | 3.250 |
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4 | 4118 | 3.230 |
Price($) | Vol. | No. |
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