If we had some positive news then the bots, shorts, or anything else keeping the price down wouldn't matter. Management is keeping the price down due to their inability to facilitate a sale or run a business as a going concern.
The lack of communication and inability to do anything constructive is unbelievable. Their LinkedIn posts are warm fuzzy waffle, nothing of substance, their AGM and investor presentations are vague and weak.
The rapid appreciation of share price we saw a few years ago was due to unrealistic ramping by upper management, now the current tenure is doing the complete opposite. The failures are due to those at the top, do not blame outside market conditions, they should be actively telling shareholders what their plan is, what they are doing, options A, B and C.
You can't run a business without keeping your stakeholders informed.
We have had nothing material in 18 months. It's disgusting.
End of rant,
Ranga
ASM Price at posting:
50.0¢ Sentiment: Hold Disclosure: Held
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