PCH 0.00% 0.2¢ property connect holdings limited

Ann: Update on Company Strategy, page-22

  1. 3,385 Posts.
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    Is that it!!?? What does that statement even mean? Is there more information that I am missing here, or is it just the one page. I’ve looked on their website, but this announcement isn’t even listed there.

    This company have wiped off around 86% of their value in just over 3 months.

    In 3 months!!!!!

    WTF!!??

    I get the idea of Caveat Emptor. I get it. But come on man, you have to be kidding.

    This is contemptuous communication with shareholders, and clearly bares no relation to responses the company has been making to SH inquiries. Stu1964 posted this on another thread from just over 2 weeks ago (hope you don’t mind Stu):

    Thanks for your email, the company remains strong and is executing with our early partners. Whilst the share price is currently not reflecting this, we will be providing further market updates very shortly and anticipate this will assist with market support.

    Kind regards,

    Tim


    How do they reconcile that kind of response to shareholders with this kind of release to the market 2 weeks later?
    Last edited by Zenzen: 24/07/17
 
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