i watched the AGM via webcast. The questioning from the shareholders were very timid. The chairman was saying that with the share price at $4 the majority of analysts have a value of $7. If that's the case why don't we see the directors and chairman buying at market. Or don't they believe that value or don't believe in their ability.
To have the stock go from $7.5 to $4 in 4 months is appalling. Compare that with SFR, it was at $7.50 4 months ago, and has only retraced to $6.30 levels.
If I was at the AGM i would have thrown rotten tomatoes at them, then they might actually get the message that they are poor management and don't deserve any bonuses or their high salaries.
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