Ann: Quarterly Activities Report and Appendix 4C - Jun-2024 Qtr, page-69

dear naive wombat
we have been promised improvement
not status quo !!

the company doesnt need BOD churn, management churn , stagnation and turmoil for status quo.

but is it status quo?
are the current results status quo?

most likely not !!!
The previous management was running to the same plan and would have been doing things contributing to sales, etc rather than reorganisations and managing staff churn, changing revenue recognition policies !!

there's a huge cost in time and lack of action from all the things going on over the last 12 months - the replacements know very little so you pay for them to learn, build contacts and relationships etc - 12-18 months

that is the point

the share price reflects this cost
your portfolio reflects this cost
these things are true indicators of the company performance - they are not the rubbish posted by "two dags"

it takes 18-24 months and most likely another capital raise for things to settle, people to focus and deliver - that's how long these things take - BHP took 4-5 years after merging with Billiton for things to settle - go back and look at its share price - we are lucky if we are half way into this upheaval process - that's why you need to be very careful voting for spills ! it's not a yes vote for a spill because you got pissed off at a capital raise at 15 cents

hopefully you have learnt something
if you haven't learnt anything then look at your portfolio valuations and keep watching until the penny drops !

and stop listening to the delft interest and ABs posted by "Two dags"
if anything it's all blue sky promises for the future that will be kicked down the road with longer and longer timeframes

18-24 months
tick-tock
capital raise coming !