AXE 0.00% 28.0¢ archer materials limited

Ann: Departure of CEO, page-208

  1. 479 Posts.
    lightbulb Created with Sketch. 39
    The closer we get to the end of the week the weaker that 28c will be IMO.

    I don't see how there's any mystery on what's going on with the SP ATM. The market got a shock Friday night and there's nothing AXE is saying to instill confidence that management is seriously addressing the SP decline.

    Let's be clear, since September 2022 this thing's lost over 60% of its value. Its time the company focused more earnestly on commercialization and released a comprehensive plan and timetable on the steps it sees towards commercialization.

    With the very few announcements we get you got to wonder what the officers on the board, who are not engaged in the technical development side, are doing with their time. I mean really, was it so hard in these last 2 years to draw up a plan and timetable so shareholders could get an idea on when they might start seeing some returns on their investment?

    Quite hopeless really
 
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