The Co has maintained numerous times now that the ALDP was not the be all and end all for ESI's endeavours. It was to be treated as a 'bonus' if you will...
However, they've supposedly allowed the strict disclosure rules pertaining to the Program to erode the SP away gradually. That is to say, if there were ever anything worth reporting in the first place.
They've made mention of Monash at times but then it's been purported by a few here that they really can't mention Monash at all, so as to avoid jeopardising what chance they have within the Program.
That doesn't fly IMO.
In a nutshell, and for once and for all, SH'S NEED TO KNOW WHERE DOES MONASH CAPITAL SIT EXACTLY AT PRESENT.
And I'm talking specifics...not this rubbish about how "they're still committed" & "they're progressing...".
WE SHOULD BE TOLD DIRECTLY WHAT THEIR POSITION IS, WHY THEY'VE FAILED TO FRONT UP MONEY THUS FAR, WHAT IS THE EXPECTATION AND DURATION WRT THEM FRONTING UP ANY MONEY FROM THIS POINT ON, etc...
If we're not being told the full story, why should any SH's choose to keep holding blindly, let alone expect investors to buy in?
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