Well yeah, that is true! But ASM is not the only company on ASX.
Others are also trying to sell their product and are in negotiations with other companies. The question is why ASM is consistently behind, and only refers to "talks progressing".
How about ARU? how did they get an offtaker agreement? Why are they on track? and so many other companies.
My point here is we need to reshuffle the incredibly inefficient management board we have. It is evident to me that this management board is incapable of getting this project over the line.
Investing in early stage companies means investing and trusting in the managers of the company to materialize their plans. What the heck have we achieved since the change in CEO? Honestly, what have we achieved?
The main thing we have done is issuing a go ahead letter to Hyundai. That is it! that is all we have done over the past few months. Mind you the Hyundai contract was already negotiated by the previous CEO.
ASM Price at posting:
$1.27 Sentiment: Hold Disclosure: Held
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