Al & Cal, I feel your pain, oh the pain
I think there are only a few options currently at play:
1 - The ESG saas model that we all thought was going to take off hasn't eventuated and resource companies are either doing their own thing or are bypassing/ignoring regulations and best practice.
or
2 - Nik and co are inept at their job. I personally don't think this is the case as they all have many years experience and were doing such a good job with frequent contract wins and good shareholder communication etc until just over a year ago......
or
3 - Maptek plan to do a reverse TO and Nik & the board have agreed to go slow to ensure a low purchase price. I think a good price would be $1/share, a fair price would be 50c/share but it will probably go for 25-30c/share to appease the other large holders.
I'm happy to hear any other possible options from other holders?
Let's see what plays out this month with the end of the stand still agreement and expected quarterly update.
Cheers and all the best!
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