I think people are getting too jittery with whats going on. The absence of official announcements from the company is having people trying to search and grab on to any information that can be found. Even if the information has no citations, author has no background, no official news nothing. The news may well be true, but it has every chance to be a rumour. And for the record, I agree the management has caused this unwanted panic among holders and should do something about it.
But please take a step back and look at the bigger picture, it'll make you feel better. If you look in the mirror really close up, everyone will feel they are super ugly. Take a step back, look at yourself as a persona and everyone thinks they are the next Australian top model.
Focus on what the company is telling you. Everything else is hearsay (unless proven, like the photos of the bridge or official announcements from other companies). Trust the management that they are doing the right thing. If they're not, they are criminals, and if you believe so, just sell out, you don't want to be part of this.
I trust them, management have been doing business the traditional way, no shortcuts, no flashy marketing. Solid fundamentals, good product, found customers, proper testing.
I've said before, I invest because I don't know how to build a mine, so I gave my money to people who know how to so they can make me money.
Cheers.
KNL Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
