With due respect, I think that’s a simplistic approach. Why would you sell something that has enormous potential if managed correctly.
The decline of the share price from well over $1 has been going on for more than a just a quarter.
”Sell and move on” as you say is only one option. There are other options, and leaving a board in control that may be underperforming is irresponsible as a shareholder.
Right now, I see clear and logical points on how to fix a situation that seems broken, from another shareholder. What I’m not seeing is how the board is going to fix a failing share price.
Where is the growth and innovation that we saw in the past going to come from?
Ann: Investor Presentation, page-61
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Last
62.0¢ |
Change
0.010(1.64%) |
Mkt cap ! $72.67M | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 63.5¢ | 62.0¢ | $40.15K | 64.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1969 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.5¢ | 1366 | 1 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| LBL (ASX) Chart |