IF the company showed leadership and acumen they would have...

IF the company showed leadership and acumen they would have booted BM after the RS scandal. However the greedy pigs chose to keep their snouts in the trough and they and us are significantly worse off for it.

MY OPINION (had company replaced tainted management swiftly)
1) better communication and transparency (which it has been) would have been received more favourably by SH
2) good announcements would have received more serious attention and buying (as previous integrity doubts would be diminished with a new TRUSTED voice delivering the message.
3) factor in 1 & 2 and IMO the oppies easily get converted funding most of Malta
4) with Malta full steam ahead, improving revenues, trusted management the SP moves ahead steadily and announcements regarding potential cancer cures catapult the SP as SH reservations are a thing of the past.

BUT
1) this immature and belligerent company do nothing despite the exposure of delinquent management and keep their cash cow rolling
2) SH and potential investors have RED flags with this company
3) any announcements despite their content are met with reservation and distrust from the market, hence the lack of SP movement and inability to convert options to cash for the company
4) the company now has very little money and is waiting on the inevitable CR or the company is hamstrung. OR the company is renegotiating it’s buyout terms because it can not move the SP despite numerous fluff announcements..
5) the company IMO is a dead man walking. Directors have lost trust and they failed to show leadership when required to regain it. They will get what they deserve (which will be very little), and unfortunately it will affect what we get as shareholders. They need to act in the next <3 months before CR or 2nd strike comes and they will take whatever they can get to cash out. My guess it 7c buyout to save face before voted out.

GLTA