Talk about radio silence!! Where is the Half Yearly report!!
The silence is terrible. Last quarter, excluding normal reporting, they released 6 separate announcements updating positive developments.
Contrast that to zero for the first 2/3rds of the current quarter.
Revenue guidance is great but, the massive drop in the share price surely warrants a bit of reassurance from Management.
Combine the silence, with the negative sentiment toward tech at the moment and we have a recipe for a disastrous share price decline, which we are watching.
I still really like the company and the space, but it's so hard watching that price being pulverised.
Value really starting to emerge though. Enterprise value is now only about 4.5 times revenue guidance.
General Company Chat, page-2383
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