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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Last
9.2¢ |
Change
-0.002(2.13%) |
Mkt cap ! $196.5M |
Open | High | Low | Value | Volume |
9.5¢ | 9.6¢ | 9.2¢ | $931.9K | 10.00M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 870063 | 9.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.3¢ | 449898 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 870063 | 0.092 |
45 | 2903966 | 0.091 |
84 | 6338259 | 0.090 |
8 | 271550 | 0.089 |
9 | 639147 | 0.088 |
Price($) | Vol. | No. |
---|---|---|
0.093 | 449898 | 9 |
0.094 | 36850 | 1 |
0.095 | 504892 | 7 |
0.096 | 675460 | 8 |
0.097 | 584603 | 9 |
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