Good post srood. I think the frustration from shareholders, well LT holders such as myself, is that SM knows what these CR’s do to the sp. He has mistimed every single one. The last CR my head nearly exploded at the timing. Just in the lead up to the drill? I mean ffs. Yet he does it time and time again. Then tries to suck up with a 2 hour fireside chat baiting poor retail with facts that it takes Kiwi a week of Sundays to explain. Ivz is a disaster from a pr point of view, a disaster from a CR point of view and now rightly the market is sceptical at the discoveries. The net pay was low but badly explained and now a CR which is poorly communicated not to mention the timing. 4 days before Xmas come on man it’s borderline cruelty. Shareholders have a right to be angry and not chastised or insulted for their disappointment. I think SM has actually gone too far this time and I don’t see a sp recovery in the near term. Really hope I’m wrong and happy to be crucified if I am. However, enoughs enough now something has to go loyal long term holders way surely!
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7.0¢ |
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Mkt cap ! $99.25M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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1 | 100000 | 0.069 |
5 | 240973 | 0.068 |
5 | 887635 | 0.067 |
7 | 248441 | 0.066 |
6 | 286432 | 0.065 |
Price($) | Vol. | No. |
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0.070 | 354854 | 3 |
0.071 | 5417 | 1 |
0.073 | 325000 | 2 |
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