I think LC was cool - precise - and to the point . As you say many of the questions related to stuff that's already been released .
There are not many companies or MD's & Chairperson who would even consider holding a webinar like this . Although in the context of the cap raise being "unexpected " and opportune ( and you can take that with a grain of salt too I guess ) - it was important for the company to explain a few things and give interested share holders the opportunity to comment / ask questions .
LC is a highly intelligent & obviously patient person and apparently extremely organized and I trust is indicative of the ethos that runs through this Australian based multi national R & D organization .
Most public companies give shareholders the opportunity to interact at the once a year AGM - only once a year - and directors hide behind incompetence , cock ups and lack of fulfillment of past promises, non transparent accounting relying on the inertia of shareholders not to turn up ......and those that do they field any discontent off with a 5 minute "questions without notice " - which usually get referred on ...and IF the questions are really hard they them off with coffie and sweet biscuits .
IMU shareholders should count their blessing to be invested in the opportunity offered .
Note there is never any obligation to remain a shareholder if you think its all crap !
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Mkt cap ! $342.1M |
Open | High | Low | Value | Volume |
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35 | 6717278 | 0.044 |
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22 | 2273385 | 0.041 |
Price($) | Vol. | No. |
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