I've been a holder since the beginning of 2021 so not sure if you consider that a while or not. It was my biggest holding at one stage. You mentioned about the preference of a CEO focusing on operations and not the shareprice which I agree with however they still have a duty to shareholders. David Deloub is also CEO of one nano cap and a director of another. One that's seen record low shareprice and the other with a CEO facing a lawsuit from the ACCC. How can you expect a CEO to have full focus when they've got these other responsibilities and pressures. I originally invested in SHE to have exposure to oil and gas and with the macro environment of wars and surging oil prices SHE has been a let down. Maybe getting exposure through a nano cap was my ignorance. Also, sometimes I wonder why SHE is listed if they have the cash. They aren't doing cap raises or focusing on big growth so they could take it private and not have to deal with disappointed and frustrated shareholders.
DYOR. My opinion only.
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8 | 5339838 | 0.007 |
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