@Roger233 what about the CEO who has sold his story to many at way higher SPs than it is now and are 4+ years on in their investment and sit over 50% down?
I agree wholeheartedly with
@Helyi posts.
Race directors would do better to show some sympathy to SHs who are in the RED. At some stage the companies sales pitch has caught a potential investors attention so they buy, evidently keeping all directors in a job. The Sales pitch includes potential promises of big gains, potential great results and awesome milestones are dangled before holders. What's not included is the potential for- a 12month management strategy fluff up, largest holder and CSO quitting, ex directors selling millions of shares, tarnished directors like MB being attached to the company, revolving CMO's, milestones not being met (MoA paper, preclinical study results, Sheba paper, clinical delays), a sketchy strategy that is 4yrs old and a CEO who dangles carrots and excuses SP performance due to the Australian markets inability to understand what RAC is doing.
To add to the frustration of those RED is:
1/ most of us have no more money to average down
2/ carrots are constantly getting thrown
3/ Holders that got in before July 2020 defend the golden goose and also have no sympathy for holders that bought higher although without us their investment wouldn't be so GREEN
4/ Milestones that were promised aren't met
5/ And for me personally- I know I'm a thorn in Daniels side but when he clearly says something and gets pulled up about it he'll deny it, put a different slant on it or flat out tell you RAC isn't the company for you it doesn't inspire confidence.
@Rossi70 Good on you for getting before July 2000 and good on
@asx11 for getting in more recently.
I get the point you are trying to make re-market
@Roger233. And im sure all the negative comments will disappear once/if the SP rises. But here and now (and 4yrs+) some of us need a return or at least a break even. As is illustrated in your pic; I gather there's a lot of decent, hardworking mums, dads and others on the RAC threads that have their head in the leopards mouth I would hope this company would be more thankful for the monetary sacrifice some holders have made to support the company through its difficult times and fluff ups. I know and believe Daniel is motivated but not every holder has the excess money to cover the company lags and missteps.
Am I confident in RAC? Yes. Am I confident the SP will move anytime soon? No. Why? Nobody gives a hoot about RAC. What would help? Bring back wombat charts with rockets. People want to see $$$$ and some compassion for those in the red and may need the money wouldn't go astray
(20min delay)