ICI

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Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-155

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crazydave1942

7,209 Posts.

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11/11/22

12:24

Post #: 64717428
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Originally posted by Sanami: ↑

I don't want to be coming across as being against good quality and ample communication - I'm all for it.

However your word choice highlights your conceptualisation of our situation. Shareholders are not customers. I don't want to be marketed to, nor do I want ICI to be focussed on painting a wonderful and visionary investor narrative. There are times when this can be used as an instrument to drive a corporate objective, however I'm not sure this is of any current priority.

The companies that see their share price dramatically and sustainably rise are customer/product focussed, and they deliver quality to the market. We have been spoilt with a spate of acquisitions, announcements of projects, and great quarterly reports. It makes sense that they have their heads down now to get the sails up and the ship moving.

If they say they are building a AAA game, and have provided a roadmap of which the next step is:

Phase 2 (On Time)
Genesis Engineers NFT Private sale
Genesis Engineers NFT Public sale
Tech-demo
Marketplace drop

This is what I as a shareholder expect the next news flow to be about, showing their accountability to be sticking to the roadmap and navigating internal and macro conditions as they see best fit.

I see updates in my watchlist too, from companies that have historical SP graphs that are choppier than the Bass Strait. And it's not like they don't excite and engage me, I am simply saying that investor updates are not the rocket sauce that will make this company fly. Deliverables are.

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Very good post

You also have noticed those companies that do marketing to SH are like a mountain over and over again.

Your post is very good and researched.
ICI Price at posting: 6.5¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-155

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Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-155

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