I agree - good question... My holding is certainly no where what it was a couple of years ago. There is potentially good value in this company but is just taking far too long.
A couple of the newer directors are very good. There is a chance that they can steer the company in the right direction. But they have to be given the chance. I fully suspect cash will become tight again in the first half of 2021. That could be a good time to top up at even lower levels if it looks like things are turning around. A clearly articulated strategy stating exactly how they are going to actually monetize the assets would certainly help.
I think we should all watch the comments made by the Chairman at the AGM on Friday very closely.
COI Price at posting:
7.4¢ Sentiment: Hold Disclosure: Held
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