No offence taken BD. All cool. I just didn't want to be seen as being too naïve. The sense of frustration is palpable at the moment.
If you do the maths though, AB did say they expect an annualised income of $4M to be signed up for by the end of 2021. Technically if they get a payment of $10,958.90 ($4M/365 days) on the 31/12/21, that will get them off the hook.
Seriously though - continuing to prepare and launch more clusters does suggest at least they think it's going to work. But the bigger indicator for me was replacing Miles Ashcroft with Padraig McCarthy on the board as an Executive Director on 4/11/21. Not only are they pushing more towards and independent board as stated, but they have conscripted the right man for the moment. You would hope he only came on board because of the opportunity he saw. Possibly, as he's looks even older than me, he was pensioned off from his old job and just needed a gig somewhere. I sincerely hope not. Meanwhile try to have some fun and buy some cheap shares.
KSS Price at posting:
67.5¢ Sentiment: Buy Disclosure: Held
