Here is where I see there might be issues...
Whilst they have a 'head down, behind up' approach, the fact that they aren't keeping the market informed of their activities on a regular basis is hurting them when it comes to times like this when they need to CR. When was the last time they actually did a presentation??
No one on the board has bought in at these low levels (JT), which, if they wanted to Instill confidence whilst minimising outlay, would be a way to do it.Whatever their strategy is, it might be worth considering an alternative approach, as raising from these levels is a sub optimal way forward.
Public relations is part of their job.
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5 | 1481474 | 0.011 |
8 | 2840000 | 0.010 |
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2 | 494980 | 0.008 |
Price($) | Vol. | No. |
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0.014 | 1000000 | 1 |
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