From todays agm address While acknowledging the share price is not where many investors would like it to be, and the market environment has been especially hard for small growth stocks, I believe the business is in a better position than it was 12 months ago. Over time as we build a track record of top-line growth and profitable results the share price will look after itself.
We are aware that our investors would like greater news flow from the company. As a board we recognise our obligations around continuous disclosure and will provide updates to the market regarding any material transactions or other market worthy disclosures. It’s worth noting that as the company grows, so does the bar for materiality so what may have been a material matter for the company two years ago may now be in the ordinary course of business. We currently report to the market on a quarterly basis which is a high bar.
SDV Price at posting:
27.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)