Access, thanks for your continued participation here on this forum, and I encourage everyone to stay civil and respectful as people take time from their day to share their opinions on this stock (and your participation is the gold standard of the required tone).
The naivety, optimistic calculations and optimistic assumptions about the future of BCC underlines the current catastrophe that BCC has found itself in. BCC's Board has repeatedly reitterated the 'unaccounted/uncosted value proposition' in all of its reports and presentations whilst it continued to milk its shareholders and making extremely subpar decisions on their behalf (even in the latest reports BCC still reported that the arbitration process was unlocking value to the holders...).
BCC always looks good 'on paper', yet at every interaction where BCC was presented with an option to unlock that value (the value that informed those aforementioned assumptions and calculations regarding forecasted growth and cashflows), BCC just went ahead and did the opposite or performed in polar opposite fashion to the predictions.
The confidence in this management is beyond 'shot', expecting a different results from them is akin to expecting a modern day miracle, it will not happen.
I have reiterated on this board (to holders displeasure) that efficacy and performance of the management of BCC is directly linked to the SP performance. They (BOD) seemingly have forgotten that their role is to produce returns to the shareholders, not maintaining a cash-neutral business and paying themselves exuberant wages in the process.
Show us the darn money BCC (for once)! This time show it to us before you help yourself to it backed by promises of growth.
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