Well yes, because there needs to be pressure on the board and executive management. Maybe you don't listen to the detail but the CEO is an absolute hype merchant who picks and chooses numbers/periods etc. I love the quote "water is starting to see some good momentum" With what? One Indian company for $300k? There has been nothing on Watercorp for a very long time.
We all want it to be successful, but unfortunately with the additional burden of debt and no clear understanding by the management to manage the books its going to 2c before it goes to 10c. The lack of volume says it all. I love how the CFO on the Q&A blames "Global Macro Trends" for the terrible share price. Yep, it is a global macro trend for investors to want to invest in profitable companies. Glad we are paying for his salary........
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