Agreed.
They needed to announce a market sensitive strategy update and go into detail, not just another AGM boring presentation.
In all honesty this company was very risky 15 months ago and was worth 5c. It’s mostly de-risked now so our investment is safe and has many multiples to go. But we’ll need more patience.
With this underwhelming/conservative Board it looks like it’s going to drag on a while. Opportunity cost could be big. They don’t sound like they’re actively going to sell the story or have a plan to. The answer to my question didn’t instil any confidence.
The past has ruined it and they think social media will change it. Unbelievable.
I’ll give them another month and then I’ll put my email down the bottom and we make some changes.
Ann: AGM Presentation, page-9
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