I doubt racism has anything to do with it, simply because even racists would put profit before all else (seems likely).
No argument from me on the share price, it’s been horrific and I’m down 50%, ouch! But, has Oludare been that bad? Many deals done and products launched since he’s been in the hot seat. Granted, I’d like to see a bit more business acumen on his CV, but we have to give the man longer than a year to prove his worth in my opinion.
Given the immaturity of this industry, I suspect a company would have to do something truly spectacular to generate significant share price movement at this stage. Look at Little Green Pharma, Gina Rinehart jumps on board as an investor and the share price has barely moved apart from a brief spike after the announcement before retracting.
This is going to require patience over several years as frustrating as that is.
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