HLF 0.00% 0.7¢ halo food co. limited

Ann: Results of Meeting, page-22

  1. 2,144 Posts.
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    I guess we're all scratching our heads right now.

    I, for one, have been around since IPO and never thought KTD SP would not only not return to here but for it to sit here, give all it's past 'hype', is unthinkable.

    It's becoming clear that getting 'positive news' is about all that happens of late - problem seems to be that positive news seems to result in a diminishing of the SP - and it seems that even the most rampant bulls are beginning to wonder about it's accuracy or effectiveness. I guess financial reports that start by stating 2000% increases are a good example - especially at a time when the SP hasn't recovered from the previous CR 'discounted' price of .43c and another is announced @ 31c which few would buy into if the market price is a woeful 28.5c

    It also appears that KTDs reported reluctance to answer direct questions at the AGM yesterday is also deemed a bit on the nose - what's the point of an AGM if not to interract with SH? (At last year's AGM, KTD made no reference whatsoever about the new factory not being operational as promised mid last year - something everyone was wondering about. Small wonder really as it doesn't seem to have started until a few months ago).

    It looks like KTD almost has something to hide - at the vetry least it's not being up-front with SH

    And then, KTD 'management' decided to give itself a bonus - which it voted in yesterday, albeit not without a significant (but futile) resistance from SH votes

    And here we are today.

    So, scratch away with us - or not. Only time will tell what the right thing to do is.






 
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