Any organisation considering doing business with SPL will undertake due diligence.
What they will find from official announcements is a company which is very economical with the truth and uses speculative spin and obfuscation wherever it can.
They will find a board which is heavily focussed on the career history and circle of the CEO and that her remuneration package is extraordinarily generous for a company of this size.
They will find the principal broker's analysis demonstrating a steady decline in forecast share price.
As owners we know this from experience.
Perhaps the "partners" (whether distribution or research) are discovering the same and this is the reason for the lack of progress all round.
Just a thought!
SPL Price at posting:
52.5¢ Sentiment: Hold Disclosure: Held
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