100% agree. That and at least some token on-market purchases from management to provide even the suggestion of things moving in a positive direction. ASX board members look after themselves first and foremost, then friends ands family members, then institutional investors, then lowly retail like us. If none of them are reaching into their own pocket, it's a clear sign they don't really think it's a bargain.
I'll be very interested to see how things are worded in the quarterly later this month. On the plus side, at least the management team are all still on board. You know things have truly gone sour when team members start "exploring other opportunities". I used to hold CXO, and I took Biggins departure as a bad sign and sold out shortly afterwards. That was probably one of the smartest investment decisions I ever made. Unfortunately I undid that smart decision by thinking his involvement here was no big deal. I should have taken it as a bad omen......silly me.
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