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10:53
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Originally posted by growth goblin
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There are rose-coloured glasses being worn by many shareholders on this forum. I am a significant shareholder and wish to understand why you see it as a positive for institutions being added to the register when it means our shareholdings get diluted and probably at a significant discount to current prices? We don't need them at this point in our development cycle and the focus needs to remain on getting muitlpe products to market becoming highly profitable.33% of their total shareholdings between May 2014 and January 2015, obviously knowing that their would be no real income for quite some time whilst feeding us positive news of products releases and work plans being in late stages. When in actual fact, the product release was a lengthy evaluation program with minimal income expected in the medium term and further "late stage" work plans that have still not converted to product licences almost 1 year on. There was no genuine transparency with shareholders with regard to the evaluation program and limited income for a lengthy period which, in my view, could have easily been disclosed without affecting the process. The Directors were aware of this and sold down a third of their holdings knowing full well the share price would likely fall until real income started coming in. We should have also been given some indication of the evaluation process and timing.
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Wait for the report you are coming to too many conclusions before the news comes out ...the last two CR's have only proven to be positive for those who engaged?
(20min delay)