Actually I'm extremely worried, and I'm not sure that the board, who all seem to have their heads in the clouds, are aware of sales. The board doesn't seem to realize that without some income security, they will lose the company.
A second strike won't be the end of the world. Most will be returned, but I would insist that there be a shareholders' representative on the board. This representative will ensure the most basic of communication levels. ie Tony Dawe needs to be elevated to the board, or replaced by someone who will take on this responsibility.
The founders are not in line with retail holders. Their vast holdings protect them, and they get to enjoy running the company. They have appointed the board members who return their loyalty. But we need clients that are committed to the company.
For the company to go a year and not have one order simply means that we keep doubling down on the one failing value proposition.
For BRN and M-B to keep swapping tweet-likes without a written agreement looks like a scam that can only result in more shorters circling.
A Shareholders' Representative at the board level is the best way to encourage a more diverse strategy from the management and the time has come to formalize this.
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Price($) | Vol. | No. |
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