SP as a KPI - Yes indeed it is. The legal requirements (and number one task) of the board and CEO are to bring value to shareholders and certainly a drop in SP would be considered a job NOT well done right? I suspect coming from a company like RIO who don't give a stuff about retail shareholders it's going to be a learning curve for him. However, so far I do not see that lesson being learnt.
With regards to the work being done. Yes I believe it is and thats why I jumped in big again yesterday.
The problem is without updates we cannot really know for sure and the shorts take advantage of that silence.
This is a problem on two levels (and more) but these are the main ones:
1) When a potential new investor (who may not know the ins and outs of the company like we do) and they take a look at the short levels and lack of news then they may get cold feet and not invest.
2) A current holder gets scared because they think the shorts "must" know somthing we don't (and without good updates) they get nervous so they sell.
Don't forget - BEOT plays with other peoples money so it's not a huge deal to them if they lose but retail money is scared and should be considered as such by managment. All IMO!
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9.7¢ |
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0.006(6.59%) |
Mkt cap ! $207.2M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 228125 | 9.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.7¢ | 335231 | 4 |
View Market Depth
No. | Vol. | Price($) |
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2 | 178125 | 0.096 |
10 | 639180 | 0.095 |
3 | 350000 | 0.094 |
10 | 710102 | 0.093 |
5 | 764739 | 0.092 |
Price($) | Vol. | No. |
---|---|---|
0.097 | 270231 | 3 |
0.098 | 952528 | 9 |
0.099 | 438600 | 5 |
0.100 | 880631 | 14 |
0.105 | 1179377 | 17 |
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