It is great that this stock has bounced with the market, but the reality is that JP’s presentation at the conference was all over the place. The corporate strategy has been a disaster. Moving from 30c to 34c is not a cause for celebration when this stock should have been at $1, even in the depths of a bear market.
This company clearly needs an experienced development MD to take it to the next level, an experienced Finance Director on the board, and a credible Chairman (ie not a lawyer constantly trying to cut himself side deals)
Of course, none of the above is going to happen because this is a board incapable of re-inventing itself, and so the stock will continue to dramatically under-perform.
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15 | 566113 | 0.160 |
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Price($) | Vol. | No. |
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