One has to question what the strategy of the business really is. If like some here argue, the business really is doing better than the paper results are showing, why ar ethey not buying shares and pushing the price up, it has sat on $.02 +/- .004 cents since relisting, with no notable increase.
What does appear though, it that the only puchasers of significance are the board themselves. depending on how one see's this, it could be seen as:
- the board artificially keeping the price low so they can buyback the shares at a cheap price
- the board simply buying as much as possible, as they in their starry eyes, belive that one days, everything will turn around, and they will reap the rewards of buying cheaply and screwing the original investors
Either way, it is the original investors getting screwed over.
On another issue, has anyone noticed that on th emobile app, half the stores no longer are listed or will take mobile orders? Anyone know what is happening?
Ann: Half year ended 31 December 2023 results highlights, page-11
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