Question 4 some other dude What are you going to do to increase the share price?
CEO: We cannot manipulate the shareprice we can only focus on the business
Some shareholders dissagreeing etc.
Wayne says they are working hard by going to Sydney, Melbourne, Brisbane to meet and talk with shareholders etc.
AGM – all compliance focus no value add to a potential investor
no released MD or Chair Address-
no presentation,
no indication of business performance & success of store renovation/acquisition strategy to date
no outlook,
no business commentary with the recent quarterly cash flow release
This only adds to the problem; no new investor interest as potential investors have nothing to see (including the face of the company here in Australia - an obsolete basic website)
No investor interest = no reason for the share price to rise… but to fall as shareholders get p'off and sell
Is this manipulating the share price?
No it is engaging with shareholders and the greater market
SBB Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held
