Otakou
My reference to Brendan ramping it up was in regards to the release of information to the market in a regular and timely manner. It also referred to prerelease product PR for potential VIC/European consumers.
I am sure the board meets monthly and that all new developments are discussed in detail. This is part of the prudent management of the company and what we shareholders expect and pay the directors for.
I agree that "The company's job is to run the company in the best interests of the shareholders" to me this also means providing current and potential shareholders with information on company developments so that "informed decisions" can be made by those investors.
CFU is currently in transition from a R&D niche company to a company manufacturing, developing and marketing product on a global basis. I for one would like some detail on how management is using my money during this risky transitional period and IMHO quarterly cash flow reports are just not timely enough and just dont cut it.
The current downward spiral of the share price is a reflection of the lack of information and can only be seen as being in the interests of new shareholders wanting to get in at bargain prices.........
Management of Established Major Blue chip Cos have recognised the need for regular market information hence we see numerous investor/institutional presentations and minor releases to the ASX. I see this as prudent management and not market manipulation.
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