I have ranted about this a lot, they should be providing monthly updates on the progress of NAL.
Nice in theory but not necessarily in practice. The biggest issue with monthly updates during ramp up in particular you can see in the chart below, is inconsistent and often not uderstood by those not at the coalface, the shareprice acts accordingly .
It's fun when one month is higher but not so much if the following month is lower. I've seen many attempts at monthly updates with various companies and none have lasted long and largely for the above reason. If something material happens good or bad they are obliged to inform anyway .
Shipping data is much the same, inconsistent but unless you think they can't find a buyer it will get sold. If they can't a buyer it becomes material.
They have just given an updaby the way, did you read it, most things are covered.
There is a reason almost all producers go quarter to quarter on data, it helps smooth things out plus their job is not to hold the hands of impatient retail holders many who are traders not investors.
If you expect a new CEO to be different you will likely be disappointed. Judging a CEO by updates won't get you far.
This is not a CEO Issue its more a traders chatsite issue.
Rant as much as you want but there is a practical reason for most things even if you don't like it.
Cheers Whisky
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Mkt cap ! $267.6M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 7497011 | 2.6¢ |
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Price($) | Vol. | No. |
---|---|---|
2.7¢ | 5105482 | 13 |
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No. | Vol. | Price($) |
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19 | 7195085 | 0.026 |
32 | 8211284 | 0.025 |
27 | 6838572 | 0.024 |
21 | 4765707 | 0.023 |
36 | 4413692 | 0.022 |
Price($) | Vol. | No. |
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0.028 | 3987299 | 29 |
0.029 | 9469476 | 19 |
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