So, let me "wear my heart on my sleeve" for a moment with this post.
It is painful to watch the SP slide. As a long term shareholder, I still believe in the story and the business model, having posted here myself many times on the subject.
Rightly or wrongly, I can't help shake the feeling that we have not been herd as shareholders and it is disappointing.
A little more effort to explain the cash lag and how the ACV is calculated after 2 years of saying the same thing was not been unwarranted.
What do investors hate....uncertainty. What does the delay in advising the ACV figures create, uncertainty.
Sentiment has turned and I would think even a good ACV number will not move the SP needle much and nor will words.
Surely Ian now understands, retail investors can and do affect a company's share price. We have a voice and it would be nice to be heard.
On that point, obviously, unlike some that post here, I have never been able to contact Ian and when I email the company, I receive no reply. It adds to my annoyance at times like these as a shareholder that you feel isolated from the company that is the steward of your risk capital.
Rokewa posted may be the delay in advising ACV is to sweeten a less than stellar HY Financial. Give some good news with bad. I hope not, as I have held Ian's integrity and management style in high regard and if that does happen, it will be unfortunate, I would not want to see such a blatant marketing edge coming into announcements by management.
Honestly, the ACV situation has been poorly handled.
I am in for the long term (still), I am mindful of the trap in confirmation bias and the opportunity loss experienced over the past few years. The paper loss from 93c cents to 0.15c because of my belief in this business and Ian is staggering....
Maybe somebody would care to share my post with Ian.
Thanks.
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