The company is currently experiencing its highest ever level of engagement.
The company struck out on its renumeration vote last AGM and made $115k in revenue for the next half yr.
The company has one half left to show some tangible progress or it will open up an ugly scenario of merry go round BOD spills and company restructures.
The share price will certainly do what it will do Anotonio, as IMO will more than 25% of shareholders voting on the remuneration package and your position on the BOD, the CEO and others if the company produces another lacklustre half before the next AGM. After all, Akida 2 will have been on the market for atleast 2 qtrs before the AGM sits.
If Akida 2 is any good, the company shouldn’t worry because there would be atleast 1 single bite of the cherry in the last half yearly period.
Just a forewarning to shareholders. If another full year of these financials are the outcome, a $150-200mill Market Cap Valuation is on the cards..
GLTYA. Manage risk if you’re a new or potential shareholder, and let the price dictate your decisions, not the narrative from management which will never refund your losses.
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