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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Last
12.5¢ |
Change
0.010(8.70%) |
Mkt cap ! $267.8M |
Open | High | Low | Value | Volume |
12.0¢ | 13.0¢ | 11.5¢ | $2.025M | 16.45M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 1779853 | 12.5¢ |
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Price($) | Vol. | No. |
---|---|---|
13.0¢ | 7625975 | 76 |
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No. | Vol. | Price($) |
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18 | 1755853 | 0.125 |
35 | 2623164 | 0.120 |
50 | 6865092 | 0.115 |
90 | 5450520 | 0.110 |
61 | 4772084 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 7625975 | 76 |
0.135 | 2995321 | 45 |
0.140 | 1665232 | 32 |
0.145 | 1400987 | 26 |
0.150 | 1132501 | 28 |
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