Shareholders not kept informed/ lack of announcements = shareholders selling!!
It’s that simple!!
I don’t blame people at this stage for selling….. you can’t keep hard earned money in a company that appears to be doing nothing from a shareholders perspective!!
Even if they’re not “price sensitive” announcements at least shareholders know the company is trying/ doing something in the background!!
At this point we know very little and it discourages shareholder confidence!!
Ann: Innamincka - Yarrow 3 Well MPLT Completed, page-299
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