The two new directors have just increased there holding and I would suggest be driving the board/Company and trying to Recoup/Secure there investment.
If I see some key management changes at ARW I might be back in but not before.
But I reintegrate. • Sales 250K P Mth • Cash burn 250K P. Mth. • Ask for details/Update on the 7.1 Mil grant repayment • Picton Land Sold or Per March 24 Announcement Settlement due 17 April. Settlement now May 7 (Per 4C). That’s a 3 week delay. Still not announced. • The government have legislated to allow blending with no labelling but no announcement from ARW. • FMG contract was signed Late Sept 08. Update Late April Market update 5 Mths. Not one updates in between. • Shareholders are kept in the dark on marketing plans. • Oil Majors are not mandated to use Biodiesal in S.A & W.A. • CARBON CREDIT SYSTEM SHELVED. • AMU (Founder) sold the last placement to Wasabi.
I really hope ARW succeeds but as a Shareholder since day one I am out.
Please Please Please do you homework. Monitor the 4C and watch the cash burn.
TEK Price at posting:
2.1¢ Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)