as someone whos taking a 75% loss, and watching out of morbid curiosity, id say at this point the management of the company have demonstrated that they are not confident in the technology themselves. The childish ransom demand is tantamount to a declaration that they have no confidence, and are basicly hedging themselves a way to abandon ship without looking unprofessional and further jeopardiing their own personal professional futures.
this is "me first" not "shareholders and company first"
anyone hanging on to shares at this point is delusional. I do wish you all the best of luck, and I am watching, and if the situation changes i may reconsider my views, but with the information to hand now, if i was you, id be trying to exit. the only people buying are gamblers wanting to take a contrarian punt and bag holders desperate to try to average out
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Ann: Letter to Shareholders, Notice of AGM & Proxy Form, page-48
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4 | 930000 | 0.089 |
8 | 995819 | 0.088 |
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Price($) | Vol. | No. |
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