SP as a KPI - Yes indeed it is. The legal requirements (and number one task) of the board and CEO are to bring value to shareholders and certainly a drop in SP would be considered a job NOT well done right? I suspect coming from a company like RIO who don't give a stuff about retail shareholders it's going to be a learning curve for him. However, so far I do not see that lesson being learnt.
With regards to the work being done. Yes I believe it is and thats why I jumped in big again yesterday.
The problem is without updates we cannot really know for sure and the shorts take advantage of that silence.
This is a problem on two levels (and more) but these are the main ones:
1) When a potential new investor (who may not know the ins and outs of the company like we do) and they take a look at the short levels and lack of news then they may get cold feet and not invest.
2) A current holder gets scared because they think the shorts "must" know somthing we don't (and without good updates) they get nervous so they sell.
Don't forget - BEOT plays with other peoples money so it's not a huge deal to them if they lose but retail money is scared and should be considered as such by managment. All IMO!
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12 | 541984 | 0.090 |
4 | 122200 | 0.089 |
8 | 560905 | 0.088 |
11 | 742795 | 0.087 |
Price($) | Vol. | No. |
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0.093 | 10000 | 1 |
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