I'm not concerned by some dusters being bad, I expect some results to be good and some to be poor at this end of the market. I am more concerned with the overall increase in the MRE being positive and as of yet we're still waiting on that.
It's normal for companies to try and showcase the good results and shy away from the shitty ones. Not saying it's good practice but every ASX spec does this. As for this batch of results, how do you know for a fact they're hiding them?
I was more concerned with the recent raise when they ran out of cash, but to me the situation looks more like they overcommitted to drilling, taurus delayed the payment and they f*ed up and got caught out. That's a lack of competence and foresight, not maliciousness.
The raising is far more pertinent to us holders as dilution directly affects us, some results being dusters is just the name of the game. I take on a degree of risk with any spec I invest in.
If you can explain how they are actively hiding market sensitive information I am more than happy to agree with you, but asking me to call them will hardly yield an answer in line with your thesis if they are truly hiding things....
At this point I just don't see it.
AW1 Price at posting:
6.4¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)